US donates additional $92.73m to tackle poverty in Nigeria

The United States of America, through the U.S. Agency for International Development (USAID), has announced $92.73 million in addition­al developmental assistance to support the five-year $2.3 billion agreement signed with the Nigeria Govern­ment in 2015.

This brings the total of development assistance provide 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.
In a statement by US­AID, Mission Director, Mi­chael Harvey, said,” “Today we are pleased to contrib­ute additional funding in support of the agreement signed with the Nigerian Government in 2015,” said
“With their leadership we know this funding will have a significant impact on the wellbeing of Nigerians,” he added.

“In an effort to align Ni­geria’s development plans with sector-specific strate­gies, 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 agreement, which is in place until 2020.”

“In addition to the de­velopmental 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,” he said.

“Since fiscal year 2015, the United States has pro­vided more than $366 mil­lion in humanitarian assis­tance and continues to be the single largest bilateral humanitarian donor to the region,” he added.

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