HomeNEWSNigeria to boost production  of dairy products.

Nigeria to boost production  of dairy products.

Nigeria to boost production  of dairy products.

Federal ministry of Agriculture collaborates with federal ministry of industry, trade and investment to Develop national diary policy.

In an attempt to end the risk association with mono-economy, The Federal Ministry of Agriculture And Rural Development and the Federal Ministry Of Industry, Trade And Investment have entered into collaboration to develop a workable national dairy policy in order to explore the comparative advantage Nigeria has in dairy industry.

The collaboration was made known on Tuesday at a Wider Stake Holders meeting held in Abuja on Tuesday.

The Minister of Agriculture, and rural development, Muhammed Sabo Nanono at the meeting stated the importance of diversifying the economy through maximization of dairy industry.

He stressed the need to explore the comparative advantage Nigeria has in livestock production to improve the country’s foreign exchange capacity.

The Minister of Industry, Trade and Investment, Otumba Adebayo who was represented by Achilam Chioma said the dairy industry is be one of the subsectors the nation can rely upon to diversify the economy.

She disclosed that Nigeria has a cattle stock of over 20 million cows but however, only 2.3 million are utilized for large scale dairy production, producing average of 0.8 liters per day.

According to the Minister, Nigeria produce 672 million litres of milk a year which is lower than the annual demand of over 1.6 billion litres.

She therefore tasked the investors in the industry to critically examine the demands of the industry so as to make the policy all -encompassing.

The Permanent Secretary, federal ministry of Agriculture and rural development, Ernest Umakhihe at the meeting said that Nigeria spends huge amount of money in importing dairy products adding that the policy will direct investment in diary industry, expanding diary production capacity so as to bridge the gap between demand and supply.

This he said will reduce importation of livestock products and stimulate exports to earn the desired foreign exchange.

The Director General, Raw Material Research Development Council, Ibrahim Hussaini Doko who was represented by Mary Chibuzor stated that Nigeria is endowed to have a viable dairy sectorbut has been underutilized because of lack of workable diary policy in Nigeria.

The governor of central Bank of Nigeria, Godwin Emiefele who was represented by Anthony Ifechukwu pledged his support to the Development of national dairy policy adding that this  will help improve Nigeria’s export capacity.

The meeting was graced by many stakeholders, actors, and non-governmental organizations who pledged their support in making this policy a reality.

 

 

 

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