Tuesday, October 11, 2016

American Government provides $92.7 million to reduce poverty in Nigeria

The United States Government has announced the sum of $92.73 million in developmental assistance to support the five-year $2.3 billion agreement signed with the Federal Government in 2015.

The U.S. Embassy in a statement on Tuesday in Abuja, said the amount was being provided through the U.S. Agency for International Development (USAID).

The embassy explained that the money brought the total of development assistance provided in the agreement to $474.74 million.

“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,” the embassy said.

It quoted the USAID Mission Director, Michael Harvey, as expressing the confidence that the funding would have positive impact on Nigerians.

“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,” it said.

The statement also said that USAID had collaborated with the Federal ministries of Budget and National Planning, Health, Agriculture, Power, and Education effort to align Nigeria’s development plans with sector-specific strategies.

According to it, USAID also collaborated with state-level government counterparts to structure the agreement, which was in place until 2020.

“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,” it added.

7 comments:

  1. Yes, they need to donate plenty of such dollars, after all they foisted Buhari on us. The West are always happy when African countries are being ruled by a retrogressive leaders like Buhari. Just watch out, have you ever watch CNN, Aljazeera, BBC and others report the numerous human right violations by Buahri's regime? Shooting of unarmed protesters, Fulani herdsmen onslaughts, arrest and detain without trial, etc. Any regime the in Africa they are constant reporting on their news is doing well.

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  2. No need US because those dollars will be looted by buhari and TINUBU while the poor masses will not even smell or near the dollars,,, this is another way of giving criminals money to loot

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  3. Hmmmm, My only problem with the U S is that, they dont do things just like that, the need something in return. And for now who knows?

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  4. How will $92.7 million reduce poverty in Nigeria. Let the US repatriate the looted fund in their custody please

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  5. Ikechukwu10/11/2016

    US govt should check well if that money is not sent to boko Haram by Obama through his agent Buhari

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  6. Shameless Nigeria. Begging from nation to nation. What did God give to the Americans which he didn't give to us? Nonsense

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  7. Anonymous10/11/2016

    Will it be,judiciously used?Someone will use it to cut grass in IDP camp.Or buy rice for IDPs which will miss in transit,Wonderful people

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