Dear izehoze: Skin on the breast, nipple and areola is like skin anywhere on the body and is subject to a variety of abnormalities. Further, the are small glands, called montgomery’s glands that are normally present on the areola and would secrete a whitish oily
substanceDrug abuse. Without evaluation it is impossible for us to speculate on what this might be. If you are concerned, you should bring this to the attention of your doctor.