Monday, May 17African Business News
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Tag: MT

FG eyes 1.7m MT of milk production target by 2024

FG eyes 1.7m MT of milk production target by 2024

Economy
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. Osinbajo also welcomed the strategic partnership of FrieslandCampina WAMCO, URUS, Barenbrug and Agrifirm tagged Value4Dairy Consortium in their commitment to increase self-sufficiency in Nigeria’s dairy sector. 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 V...