Nigeria Spends $5bn on Food Import, $1.5bn on Milk Every Year

The Federal Ministry of Agriculture and Rural Enchancment (FMARD) has estimated that Nigeria spends $5 billion to import meals yearly out of which $1.5 billion goes to importation of milk and totally different dairy merchandise.

Eternal Secretary, FMARD, Abdulkadir Mu’azu, acknowledged this at a workshop of Food and Agricultural Organisation (FAO) of the United Nations Technical Cooperation Enterprise (TCP), with focus on the implementation of the nationwide livestock transformation plan in Niger and Kaduna states.

Nigeria spends $5bn on food import, $1.5bn on milk annually

Mu’azu, who was represented by Winnie Lai-Solarin, Performing Director, Animal Husbandry Suppliers inside the ministry, acknowledged the massive bill is due to the prolonged neglect of the livestock sector which has put quite a few burden on the import bill of the nation.

In response to him, about $5 billion worth of meals is imported yearly into the nation, out of which milk and dairy merchandise accounts for between $1.2 billion to $1.5 billion.

Muazu acknowledged the challenges of the livestock sector embody poor breed prime quality, farmer conflicts, and banditry.

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Fred Kafeero, nation advisor of FAO acknowledged the workshop kick-starts the implementation of the TCP, together with that FAO will current technical help for the problem.

“FAO will proceed to avail its assist and technical expertise to the federal authorities of Nigeria to verify meals and food regimen security,” Kafeero acknowledged.

Recall that in July 2019, the Central Monetary establishment of Nigeria (CBN) launched that it may no longer current worldwide alternate for milk importation and impressed stakeholders inside the agricultural sector to participate in boosting native milk manufacturing.

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