The Director-General, World Trade Organization, Ngozi Okonjo-Iweala has disclosed that the European Union (EU) has written a letter to the World Trade Organization to complain about the milk and dairy products restriction policy of Nigeria.
Okonjo-Iweala made this disclosure on Tuesday in Abuja during her visit to the Central Bank of Nigeria.
In July 2019, CBN included milk and dairy products on its list of items not eligible for foreign exchange. This led to a restriction in the importation of milk into Nigeria, as the commodity was now grouped among agro-products such as tomatoes, rice and others.
Okonjo-Iweala told the CBN that the WTO would look into the complaint presented to it by the EU. However, she encouraged Nigeria to take advantage of global trade opportunities being a member of the WTO.