EU Reports Nigeria To Okonjo-Iweala Led WTO
The European Union (EU) has reported Nigeria to the Ngozi Okonjo-Iweala led World Trade Organisation (WTO) complaining about Nigeria’s policy on dairy.
Glamtush understands that the Director General of the WTO Dr. Ngozi Okonjo-Iweala made this disclosure in Abuja on Tuesday when she visited the Central Bank of Nigeria (CBN).
Okonjo-Iweala said the WTO has received a letter from the European Union complaining about Nigeria’s restrictions on milk and diary products.
[irp]
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 process to bring milk and dairy producers has been on for six years with the milk and diary producers treating the matter with levity.
One of the producers, he said, has been in Nigeria for over 60 years and has not deemed it necessary to engage in backward integration rather but is comfortable importing products.
Real Madrid has been crowned as LaLiga champions for the 2023–2024 season after Girona beat…
FCMB Manager has been sentenced to 121 years in prison for N112m fraud. Glamtush…
EFCC has released the names of former governors who allegedly looted ₦2.187 trillion while in…
Opay, and PalmPay, among other fintech apps, have banned their customers from trading cryptocurrencies. …
NDLEA has seized 115,244kg illicit drugs in three months. Glamtush reports that the National…
US President Joe Biden took pointed digs at election rival Donald Trump Friday as he…