The central bank of Nigeria recently made a report that it want to restrains importers of milk from interbank foreign exchange. What this means is that C.B.N will restricts the sale of forex to the importers of Milk.
This purported moves has some economic benefit and ofcourse it also carry with it some setback. One of the economic benefits is that the dairy industry will grow. This will be translated into growth in the value chain that drives the dairy industry and through the multiple effect boost the economy.
Nigeria consumes 1.7 million tonnes of Milk yearly but produces 34 percent of that value, there is a gap of 1 million tonnes of Milk according to C.B.N. The forex allocation for milk is 1.5 billion dollars yearly.
One of the many opportunities I see in this is the ample room for an entrepreneur to look at producing milk from other sources apart from cow. These sources are non- dairy milk that are extracted from plant sourced such as nuts, seeds, grains even from goats. These sources have an advantage over cow milk in several ways namely;
1.this sources especially plant extract are cholesterol free
2. Promote weight loss and has low fatty acid
3. Prevent Cancer
4. Alleviate postmenopausal syndrome
5. It acts as an antioxidant.
6. A better source o protein .
These non dairy Milk can be extract from these raw material that we have abundant in Nigeria namly :
1) Soya milk
2) Cashew Milk
3) Coconut Milk
4) Rice Milk
5) Goat Milk ( although not from plant source but very rich )
This is the time to utilize this opportunity and be a player in the Milk industry. We will would arranged a bankable feasibility study for you if you need and also how to get funding. You can text 08160233111 for more information.