2020-02-11 | TED/FEM/FPC/GEN/01/002

Milk and Dairy Products Importation

The Central Bank of Nigeria is restricting the importation of milk and dairy products to a select group of companies that have committed to increasing local production through a backward integration program. All authorized dealers are instructed to cancel any established Forms 'M' for the importation of milk and its derivatives for companies other than the specified list, for which shipment has not occurred. This measure aims to boost local production and enhance the capacity of the Nigerian dairy industry.

Nigeria

Central Bank of Nigeria

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