Miyetti Allah rejects CBN’s restriction of forex on milk importation (Guardian)

The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) has opposed Central Bank of Nigeria (CBN’s) proposed plan to restrict allocation of foreign exchange (forex) for importation of milk into the country.

It insisted that the policy does not align with the National Livestock Transformation Plan (NLTP).

It also argued that any policy that does not place its partnership with domestic and foreign stakeholders like the fodder and pasture specialists at the National Animal Production Research Institute (NAPRI) or dairy processors from Europe and cross breeding specialists from Brazil, among other partners, was doomed to fail.

The group maintained that CBN’s discussion with dairy processors was a non-starter, as any policy plan that does not carry along the pastoralists, farmers, processors, bankers, ranchers, technical workers, extension service providers, geneticists and other stakeholders risked failure. Read more

Exit mobile version