Harboursandport.com: ABUJA - The Central Bank of Nigeria, CBN, has issued permit to six companies for the importation of milk, its derivatives and dairy products.
Beneficiaries are FrieslandCampina WAMCO Nigeria, Chi Limited, TG Arla Dairy Products Limited, Promasidor Nigeria Limited, Nestle Nigeria Plc, and Integrated Dairies Limited.
In a circular number TED/FEM/FPC/GEN/01/002 dated February 11, 2020 signed by the Director, Trade and Exchange Department CBN, Dr O.S NNAJI to all authorized dealers and the general public, the apex bank said it has engaged with some companies in the industry.
These companies it stated, have keyed into the Bank’s backward integration program to enhance their capacity and improve local milk production.
“For the avoidance of doubt, all established Forms ‘M’, for the importation of milk and its derivatives for companies other than the above for which shipment has not taken place should be cancelled immediately,” the circular read in part.
It warned all prior listed Authorised Dealers to note that all Forms ‘M’, for the importation of milk and its derivatives shall only be allowed for the six named companies.
Recall that the federal government in July 2019, ban importation of milk into the country.
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