• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Business

FG to launch National Dairy Policy to promote the local dairy industry

William Ukpe by William Ukpe
March 31, 2021
in Business, Business News
Milk Production: Dutch diary firm concludes partnership deal with Niger
Share on FacebookShare on TwitterShare on Linkedin

The Federal Government announced the launch of a National dairy Policy to promote and develop Nigeria’s dairy industry and consumption.

This was disclosed by Alhaji Muhammad Nanono, Minister of Agriculture and Rural Development, at the opening of a Wider Stakeholders Engagement on National Dairy Policy on Tuesday in Abuja.

The Minister disclosed that Nigeria needs to maximise its potential in the sector and induce renewed interest in the development of the Diary sub-sector, particularly in recognition of the nutritional and livelihood importance of milk and other dairy products in Nigeria.

RelatedStories

Egg glut: Plateau State becomes the first state in Nigeria to mop up supply through large purchases

Bird Flu: FG says “No Vaccination policy” despite depleted poultry population

April 28, 2023
Nigeria earned $250 million from cashew nut exports in 2022, targets $500 million - FG

Nigeria earned $250 million from cashew nut exports in 2022, targets $500 million – FG

January 25, 2023

READ: Milk Import: Experts advise CBN on FX restriction 

What the Minister is saying

  • The industry is largely subsistent and consists of local milk production, importation, processing, marketing and consumption. The consumption of aggregated and bulk milk is less than 20 percent of the local potential.
  • The long neglect of the livestock sector has put a lot of burden on the import bills of the country.
  • To facilitate this growth, the Ministry is presently collaborating with the Federal Ministry of Industry, Trade and Investment (FMITI), Raw Material Research Development Council (RMRDC), Central Bank of Nigeria (CBN).
  • The Ministry of Agriculture is also collaborating with the Federal Ministry of Finance, Budget and National Planning and the private sector, to promote and develop the local dairy industry.

The Minister said the collaboration with other Federal MDAS on Nigeria’s Milk policy will create a National Dairy Policy which would be forwarded to the Federal Executive Council (FEC) for approval.

READ: FG states reason for $100 charges, others imposed on Nigerians in diaspora

What you should know 

Nairametrics reported that the Federal Government announced the launch of the National Livestock Breed Improvement Programme (NALBIP), urging that it will reduce herdsmen/farmer clashes and also boost dairy cattle production in Nigeria.

Nigeria’s milk production estimated at 600,000 MT accounts for only 13% of West African production. Currently, domestic production dwarfs local demand (estimated at 1.3MMT), leading to a shortfall that has often been met by imports.


Follow us for Breaking News and Market Intelligence.
Tags: Alhaji Muhammad NanonoDairy productionMinister of Agriculture and Rural Development
William Ukpe

William Ukpe

For further inquiries about this article contact: Email: william.ukpe@nairametrics.com or outreach@nairametrics.com. Twitter: @_sirwilliam_ @nairametrics.

Related Posts

Egg glut: Plateau State becomes the first state in Nigeria to mop up supply through large purchases
Agriculture

Bird Flu: FG says “No Vaccination policy” despite depleted poultry population

April 28, 2023
Nigeria earned $250 million from cashew nut exports in 2022, targets $500 million - FG
Agriculture

Nigeria earned $250 million from cashew nut exports in 2022, targets $500 million – FG

January 25, 2023
Rice: Nigeria to attain self-sufficiency in two years?, FG warns local rice dealers to desist from price hike
Business News

FG offers $1.1billion Agric mechanisation scheme

January 26, 2020
Next Post
Nexim Bank

NEXIM announces N10 billion export facility for women and youth

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Palmpay
access bank
nairametrics
first bank








DUNS

Recent News

  • Nigerian banks dominate NGX’s N3.67 trillion equity listings with over N2.1 trillion in 2025 
  • ASUU 2-week strike: FG vows to invoke ‘no work, no pay’ rule
  • Nigeria’s car market shifts to high-end SUVs as import costs rise — Bassey-Duke 

Follow us on social media:

Recent News

Ranking Nigerian Banks that have declared the most dividend in 5 years

Nigerian banks dominate NGX’s N3.67 trillion equity listings with over N2.1 trillion in 2025 

October 12, 2025
ASUU logo

ASUU 2-week strike: FG vows to invoke ‘no work, no pay’ rule

October 12, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics