The United States of America, USA 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 Nigerian Government in 2015.
This brings the total of development assistance to $474.74 million.
USAID, Mission Director, Michael Harvey said the funding is to help Nigeria reduce extreme poverty in a more stable, democratic society, stimulate inclusive economic growth, promote a healthier, more-educated population, and strengthen good governance.
“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 wellbeing of Nigerians,” he added.
In addition to the developmental funding, the United States is also providing humanitarian assistance to people affected by the ongoing conflict and food insecurity in Nigeria and throughout the Lake Chad Basin.
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.