Business
EU lodges complaint against Nigeria’s dairy policy at WTO
The European Union (EU) has lodged a complaint at the World Trade Organisation (WTO) against Nigeria’s dairy policy.
This was revealed by the Director-General, WTO, Dr Ngozi Okonjo-Iweala, during her visit to the Central Bank of Nigeria (CBN) in Abuja on Tuesday.
Specifically, Okonjo-Iweala said the EU complained about Nigeria’s restrictions on milk and dairy products.
She said the WTO would investigate the complaint, however, she urged Nigerians to use WTO’s trade remedy initiative to protect local industries.
Read also: Nigerian govt, ECOWAS-EU in partnership to train 150 ex-militants from C/River
In his remarks, CBN Governor, Godwin Emefiele, said the process of bringing milk and dairy producers together has been ongoing for six years, noting that milk and dairy producers were not maximising the opportunity.
He alleged that one of the dairy producers has been in the country for over 60 years and does not believe that it was appropriate to participate in backward integration, and preferred to import.
Join the conversation
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.