News
Updated: March 16, 2021

EU Reports Nigeria To WTO Over Trade Restriction – Okonjo-Iweala

By Bada Yusuf Amoo
March 16, 2021
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Director General of the World Trade Organization, Ngozi Okonjo-Iweala, has disclosed that the European Union has written a letter to the organization to complain about the milk and dairy restriction policy of Nigeria.

The DG of the International organization disclosed this during her visit to the Central Bank of Nigeria on Tuesday in Abuja.

In July 2019, the CBN included milk and dairy products on its list of items not eligible for foreign exchange.

This led to the restriction on the importation of milk into Nigeria, as the commodity had been grouped as part of agro-products such as tomatoes, rice etc.

Okojo-Iweal in his remark said that WTO would look into the complaints presented to the organization by the EU, encouraging Nigeria to take advantage of the clobal trade opportunities of being a member of the WTO.