“Buhari wants to ‘kill’ importers of milk because Dangote is going into milk business”

Hundreds of Nigerians have reacted to the decision of President Muhammadu Buhari-led government to ban the importation of milk into Nigeria. Some of them claimed that the decision “is to give Alhaji Aliko Dangote and edge over others.”

Recalled that governor of Central Bank of Nigeria (CBN) Mr. Godwin Emefiele on July 23, 2019 announced the decision of the apex bank to ban importers of milk from accessing foreign exchange (forex) to bring the product into the country.

Photo credit: Bashir Ahmad (twitter)

CBN’s announcement came barely a week after Africa’s richest man, Aliko Dangote revealed that he was ready to invest N288,000,000,000 ($800 million) in Dairy production in Nigeria. It’s part of Dangote’s diversification plans into the Nigerian Agricultural sector, reported venturesafrica.

But hundreds of Nigerians claimed that Dangote’s diversification announcement came a day after CBN made its pronouncement on banning milk importation.

One of the Twitter users, Agujiegbe1 said, “When CBN will no longer release forex at an official rate for milk importation but will give to Dangote instead, what does that mean? U want proof, go to CBN handle and read the whole thread.”

Dear NIGERIA Policy maker, until you Ban exportation of crude and start refining ours, that’s wen Nig economy will start making sense. Banning of FMCGs to make Dangote more richer isn’t the way. Take the bull by the Horn if you really want to reduce poverty,” Lanre tweeted.