Federal government signs five years poverty reduction assistance with United States.

The federal government has signed a $2.3billion assistance agreement with the United States Agency for International Development to reduce poverty in Nigeria, especially in the insurgency ravaged north eastern part of the country.
The development was contained in a statement by the Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, that the agreement would cover activities of the government for the next five year running from 2015 through 2020.

According Akande, Vice President, Yemi Osinbajo last week in a meeting held at the presidential villa, Abuja signed the agreement on behalf of the Federal Government just as the USAID Head of Mission in Nigeria, Michael Harvey, signed on behalf of the US government.

Akande in the statement added that the U.S. Government has shown more than a passing interest in the present government in Nigeria, noting the country’s relationship with that of the US improved on the heels of the visit of president Mohammadu Buhari in July.

The Vice President who assured of absolute transparency in running the affairs, also expressed deep satisfaction that the crisis ridden North-East was fathomed into the agreement, especially to tackle the problem of out-of-school children as well as other parts of the country.

 



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