FG Targets 1.7m MT of milk production by 2024 

Adeniyi Adebayo

The Federal Government has announced plans to increase milk production from the current 600,000 metric tonnes to 1,700,000 metric tonnes by 2024.

Nigeria’s Vice President, Prof. Yemi Osinbajo, who gave the short-term target, said the government will provide the needed infrastructure to enhance milk aggregation and distribution and that the plan will reduce the $1.3 billion dairy importation bill.

The Vice President represented by the Minister of Industry, Trade and Investment, Niyi Adebayo, at a webinar organised by FrieslandCampina WAMCO Nigeria Plc to launch its Value4dairy Consortium, said dairy is one of Nigeria’s priority products for domestic production as it is a source of demand for foreign exchange, adding that it also has the potential to create wealth for farmers.

“These priority products include oil palm, cassava, starch, cotton, textile and garments, sugar and dairy. With FrieslandCampina WAMCO as a processor to deliver the end chain, the partnership will drive increased consumption of processed milk, milk products and the expected industry growth,” he said.

- Advertisement -

Stambic IBTC