, Governor of the Central Bank of Nigeria (CBN
Godwin Emefiele, Governor of find the Central Bank of Nigeria (CBN), has revealed that the federal government is considering placing a ban on the importation of milk. He revealed that Nigeria spends as much as between $1.2 – $1.5bn to import milk into the country, while speaking short house ly, after the Monetary Policy Committee (MPC) meeting last Tuesday. The aim is to encourage local production in a bid to boost the nation’s economy. “We have cows, if the cows are positioned i business n places without roaming around and they are given water to drink and grass to eat, they will be able to produce quality milk,” Emefiele said. The CBN boss hinted on the economic loss roaming herds cause saying, “as they move, they consume whatever they see on their way, unfortunately in this movement, they create destruction.” As a means of ending the clashes, Emefiele said the government had met with officials of dairy companies to mandate them to start getting their raw mat