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How CBN’s Fx restriction impacts Nigeria’s dairy value chain

PUBLISHED: Mon, 17 Feb 2020 11:56:03 GMT

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Last week, the Central Bank of Nigeria issued a directive to restrict FX access for the importation of milk and its derivatives to six companies. So how does this decision impact local players in Nigeria’s dairy value chain? Muhammad Abubakar, President of Commercial Dairy Ranchers Association of Nigeria joins CNBC Africa for more.