The European Union has reported Nigeria to the World Trade Organisation over Nigeria’s restriction policy on the importation of dairy products into Nigeria.
Director-General, World Trade Organisation, Ngozi Okonjo-Iweala, disclosed this during her official visit to the Central Bank of Nigeria (CBN) Abuja on Tuesday.
Recall that the CBN, in July 2019, had included milk and diary products on its list of items not eligible for foreign exchange.
This led to a restriction in the importation of milk into Nigeria, as the commodity was now grouped among agro-products such as tomatoes rice, etc.
Okonjo-Iweala told the CBN that the WTO would look into the complaint presented to it by the EU, as she encouraged Nigeria to take advantage of global trade opportunities being a member of the WTO.