Top Story

United States Provides Additional $17 Million in Assistance to Reduce Poverty in Nigeria

123

On October 4, the United States Agency for International Development (USAID) announced an additional $17 million in development assistance to fulfill the goals outlined in its 2015 Development Objectives Assistance Agreement with the Government of Nigeria. This brings the total of development assistance provided under this agreement to $719 million.

The additional funding will support Nigeria’s power sector needs ($14 million), help increase agricultural productivity and economic growth ($2 million), and strengthen good governance ($1 million). Overall, USAID partners with Nigeria to stimulate economic growth; promote a healthier, more educated population; and strengthen good governance.

USAID collaborated with the Nigerian Ministry of Budget and National Planning; the Nigerian Ministries of Health, Agriculture, Power, and Education; and state-level government counterparts to structure the bilateral assistance agreement, which will run through 2020.

In addition to the development assistance funding, the United States 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 2016, the United States has provided more than $694 million in humanitarian assistance and continues to be the single largest bilateral humanitarian donor to the region.

About USAID: USAID partners to end extreme poverty and promote resilient, democratic societies while advancing our security and prosperity. In its partnership with Nigeria, the United States strengthens social stability through social services, supports transparent and accountable governance, promotes a more market-­led economy, and enhances Nigeria’s capacity as a responsible regional and trade partner.

Leave a comment

Related Articles

Just In: Delta military killings: DHQ declares Prof. Arthur, Amagben, six others wanted

The Defence Headquarters has declared eight people wanted over the recent killing...

Just in: Soneye, NNPC Ltd.’s spokesman, wins NIPR’s Distinguished Spokesperson Award

Mr. Olufemi Soneye, Chief Corporate Communications Officer of Nigerian National Petroleum Company...

Pres. Tinubu pays last respect to 17 soldiers murdered in Delta State

President Bola Tinubu on Wednesday extended scholarships to the children of the...

Just in: Bodies of 17 slain gallant soldiers arrive at Abuja military cemetery for burial

The bodies of the 17 military personnel slain recently at Okuama, Delta...

Kidnappers ‘ll be treated as terrorists, they are cowards going after soft targets – Tinubu

President Bola Tinubu has called for treating those involved in kidnapping as...

Just In: Again, CBN increases interest rate to 24.75 percent

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN)...

U.S. bridge collapses after cargo ship collision, casualties feared

The Francis Scott Key Bridge in the US city of Baltimore collapsed...

Ease of doing business: NPA MD begins new week working on TinCan Port access road

As part of efforts aimed at consolidating the gains recorded in the...

Just in: How detained Binance Executive Anjarwalla outwits security officials, bolts from custody in Abuja

One of the two Binance executives detained in Abuja for alleged tax...

Breaking: FG files tax evasion charges against Binance

The Federal Government has slammed a four-count charge against Binance, a prominent...

Just in: After 17 days in kidnappers’ den, 287 Kaduna primary school children released

After 17 days in captivity, the 287 Kuriga school children, who were...

In Delta again, six cops shot fatally, six more missing

Barely a week after 17 soldiers including four senior officers were brutally...

Moscow’s terrorist attack: Death toll rises to 115

The Russian investigative committee said at least 115 people have died after...

Water scarcity can fuel conflicts around the world, UN warns

The United Nations Educational, Scientific, and Cultural Organisation (UNESCO) has warned that...

Insecurity: 16 Nigerian governors endorse state police, constitution review in memos to FG

Amid rising insecurity in the country, the call for state police has...

Transparency, Research, Innovation Driving NNPC Ltd.’s Transformation – EVP Gas, Power, & New Energy

The Executive Vice President, Gas, Power, and New Energy of the Nigerian...

Cost of governance: Tinubu goes tough, slams no-foreign-travel ban on ministers, others for three months

With effect from April 1, 2024, ministers, heads of agencies, and other...

CJN to receive N5.39m monthly, other justices N4.21m as Reps pass judicial officers’ salaries bill

Following the approval of an upward review of the salaries, allowances, and...

FG identifies 15 BDCs, other funders of terrorism, plans sanctions 

The Federal Government says it has identified 15 organizations and persons who...

Murders of 17 officers, soldiers at Okuoma: Tinubu meets with Delta Gov. Oborevwori in Aso Rock

Delta State Governor Sheriff Oborevwori visited President Bola Tinubu at the Aso...