EU reports Nigeria to WTO over restriction of dairy products

EU reports Nigeria to WTO over restriction of dairy products

 

The European Union has reported Nigeria to the World Trade Organisation (WTO) over the country’s restriction of dairy importation.

Director General of the WTO, Dr. Ngozi Okonjo-Iweala who is in Nigeria on an official visit, disclosed this in Abuja on Tuesday when she visited the Central Bank of Nigeria (CBN).

Okonjo-Iweala said the WTO had received a letter from the EU complaining about Nigeria’s restrictions on milk and dairy products.

She said the WTO will look into the complaint but urged Nigerian to take advantage of the trade remedy initiative in place at the WTO to protect local industries.

Reacting, CBN Governor Godwin Emefiele, said the restriction was imposed to compel dairy producers in Nigeria to produce the product locally.

He said one of the producers has been importing for over 60 years without deeming it necessary to engage in backward integration.



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