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US provides additional $227.3m assistance to reduce poverty in Nigeria


US provides additional $227.3m assistance to reduce poverty in Nigeria

The US Ambassador to Nigeria, Mr Stuart Symington

THE United States  Agency for International Development (USAID) has announced $227.3 million (about N71.5 billion) additional developmental assistance to support the five-year $2.3 billion agreement signed with the Federal  Government in 2015.

The US Ambassador to Nigeria, Mr Stuart Symington, made the announcement in a statement issued to newsmen on Tuesday in Abuja.

He said the $227.3 million had brought the total provision under the agreement to $702 million dollars.

According to him, the additional funding is intended to help Nigeria reduce extreme poverty, by stimulating inclusive economic growth, promote healthier, more-educated population, and strengthen good governance.

“We are pleased to announce new funding under the agreement signed with the Nigerian government in 2015 to provide better access to education and health services and promote democracy and economic growth.

“We know this funding will significantly improve the well-being of Nigerians,” Symington said.

He said USAID would collaborate with some Federal and state ministries to structure the agreement, which would run through 2020.

He listed the federal ministries to include Budget and National Planning, Health, Agriculture, Power, and Education.

The envoy said the US was also providing humanitarian assistance to people affected by the Boko Haram crisis and food insecurity in the North-East and the Lake Chad Basin.

He said the US provided more than 291 million dollars in humanitarian assistance to Nigeria in 2016.


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