Nigeria is expected to save about $1.2 billion from milk importation annually following the agreement it signed on Monday with The Netherlands.
This was contained in a communiqué issued at the end of a bilateral meeting between President Muhammadu Buhari and Prime Minister Mark Rutte, where both leaders agreed that Nigeria and the Netherlands would continue to work together to improve bilateral trade volumes as well as private sector investments.
Prime Minister Rutte, who is on a two-day working visit to Nigeria, is leading a trade delegation of eight Chief Executive Officers (CEOs) of Dutch multinationals currently operating in Nigeria with huge investment portfolios in the agriculture, finance, oil and gas sectors. He noted that The Netherlands is Nigeria’s third largest trading partner.
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