U.S. provides $92.7m to reduce poverty in Nigeria
The United States Government has
announced the sum of $92.73m in developmental assistance to support the
five-year $2.3bn agreement signed with the Federal Government in 2015.
The U.S. Embassy in a statement on
Tuesday in Abuja said that the amount was being provided through the
U.S. Agency for International Development.
He said, “This funding will continue to help Nigeria reduce extreme poverty in a more stable, democratic society.
“Activities will stimulate inclusive
economic growth, promote a healthier, more educated population, and
strengthen good governance.”
It quoted the USAID Mission Director,
Michael Harvey as expressing the confidence that the funding would have
positive impact on Nigerians.
It said, “Today we are pleased to
contribute additional funding in support of the agreement signed with
the Nigerian Government in 2015.
“With their leadership we know this funding will have a significant impact on the well-being of Nigerians.”
The statement also said that said USAID
had collaborated with the Federal ministries of Budget and National
Planning, Health, Agriculture, Power, and Education in an effort to
align Nigeria’s development plans with sector-specific strategies.
The statement said that USAID also
collaborated with state-level government counterparts to structure the
agreement, which was in place until 2020.
It said, “In addition to the
developmental funding, the U.S. provides humanitarian assistance to
people affected by the ongoing conflict and severe food insecurity in
Nigeria and throughout the Lake Chad Basin.
“Since fiscal year 2015, the U.S. has
provided more than 366 million dollars in humanitarian assistance and
continues to be the single largest bilateral humanitarian donor to the
region.”
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