The United States Government has announced the sum of $92.73m in developmental assistance to support the five-year $2.3bn agreement signed with the Federal Government in 2015.

The U.S. Embassy in a statement on Tuesday in Abuja said that the amount was being provided through the U.S. Agency for International Development.

The embassy explained that the money brought the total of development assistance provided in the agreement to $474.74m.

He said, “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.”

It quoted the USAID Mission Director, Michael Harvey as expressing the confidence that the funding would have positive impact on Nigerians.

It said, “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 well-being of Nigerians.”

The statement also said that said USAID had collaborated with the Federal ministries of Budget and National Planning, Health, Agriculture, Power, and Education in an effort to align Nigeria’s development plans with sector-specific strategies.

The statement said that USAID also collaborated with state-level government counterparts to structure the agreement, which was in place until 2020.

It said, “In addition to the developmental funding, the U.S. 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 2015, the U.S. has provided more than 366 million dollars in humanitarian assistance and continues to be the single largest bilateral humanitarian donor to the region.”

blueto:
Where is the $2.3bn that was initially disbursed to Buhari to help eradicate poverty? This govt have secured abundant grants, and we hear of govt injecting billions and trillions into the economy without any visible impacts, this goes to concretize the notion that clandestine and copious defalcations of funds are going on in this govt.

I have said it, and I will like to iterate, the problem is not “lack of funds” but lack of dexterous, disciplined and qualified individuals in the govt.

Sibrah:
You are holding Buhari responsible for utilization of fund that hasn't been fully released. I hail oh.

“The $2.3bn assistance will cover activities from 2015”.

blueto:



https://www.nairaland.com/2643936/us-give-buhari-2.3bn-fight

that word “from” indicates the money was either totally remitted in 2015 or was there is a gradual remittance that commenced from 2015.

lets presume it is a gradual remittance, why are we not seeing or experiencing its gradual utilization in Nigeria? why is the economy retrogressing instead of progressing?

Sibrah:
You carefully avoid the part that exposes your lies and feigned ignorance in order to give room for your vague interpretation.

blueto:
what part? can you swiftly state it here?

GenBuhari:
[size=18pt]Rubbish. Using chicken change to pretend to assist under glare of publicity.
Whilst at the same time they are looting us of billions of dollars and refusing to repatriate our money back to us[/size]

Sibrah:
the part that hint that the fund will be released between 2015 and 2020.

The $2.3bn assistance will cover activities from 2015 through 2020, with the objective of helping Nigeria reduce extreme poverty in a more stable and democratic society.

Sibrah:
How are they looting us?

blueto:
Spurious! it stated that remittance will commence from 2015 to 2020, not that it will be “released between 2015 and 2020”

https://www.nairaland.com/2643936/us-give-buhari-2.3bn-fight

What can you deduce from that phrase? Yes, it will be released between 2015 and 2020, but it doesn't confute the fact that the remittance was to commence from 2015! So I will adjure you to stop feigning ignorance and make logical depictions.

BeeBeeOoh:
They Should Kuku Sell Nigeria Give Me My Own Share Makai Go Squander Am For Congo Brazzaville..

blueto:
Spurious! it stated that remittance will commence from 2015 to 2020, not that it will be “released between 2015 and 2020”

https://www.nairaland.com/2643936/us-give-buhari-2.3bn-fight

What can you deduce from that phrase? Yes, it will be released between 2015 and 2020, but it doesn't confute the fact that the remittance was to commence from 2015! So I will adjure you to stop feigning ignorance and make logical depictions.