FG receives $2.3Billion from U.S to combat Poverty

The Senior Special Assistant to the V.P on Media and Publicity, Mr Laolu Akande disclosed in a statement on Sunday, shared how the Federal Government has signed a $2.3billion assistance agreement aimed at fighting extreme poverty with the United States Agency for International Development.

Akande said the agreement would help the government to combat extreme poverty among Nigerians over the next five years.

He said Vice President Yemi Osinbajo signed the agreement on behalf of the Federal Government while the USAID Head of Mission in Nigeria, Mr. Michael Harvey, signed on behalf of the US government during a meeting at the Presidential Villa, Abuja last week.

He quoted Osinbajo as noting that since President Mohammadu Buhari’s visit to the US, President Barack Obama in the White House in July, Nigerian government has seen better cooperation from the US.

The Vice President also noted that there has been great deal of interaction on how the present administration intends to implement its agenda, saying the interaction is because the US wanted the government to succeed.

“The issue of the extreme poverty of a vast majority of Nigerians is a very important issue for us, it is at the heart of our economic policy, at the centre of our agenda. You can’t have that vast number of poor people and don’t plan around that and for us, this is crucial, and absolutely important,” Osinbajo was reported to have said.


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