4.3 C
New York
Saturday, August 20, 2022
HomeNewsMetroUS Votes $55 Million For Nigeria To Address Escalating Global Food Crisis

US Votes $55 Million For Nigeria To Address Escalating Global Food Crisis

The United States has announced a vote of $55 million for Nigerians aimed at protecting the country and other most vulnerable nations from an escalating global food crisis.

A statement today, July 27, by the US Embassy in Nigeria said that money is the fulfillment of President Joe Biden’s recent pledge at the G-7 Leader’s Summit in Germany.

The statement said that the fund would be administered through the U.S. Agency for International Development (USAID) under its agriculture, nutrition, and humanitarian assistance programmes and that it has been laid before the Congressional for approval.

It said that the funds will help to immediately address the economic, food, and nutrition needs of vulnerable communities in Nigeria that are most adversely impacted by higher food, fuel, and fertilizer prices.

According to the statement, the U.S. Ambassador to Nigeria, Mary Beth Leonard has reaffirmed the commitment of the United States and the American people to improving the economic well-being and food security of all Nigerians.

“The United States is committed to mitigating the adverse effect of the current global food crisis on the people of Nigeria.

Advertisements

“We strongly support Nigeria’s economic prosperity and well-being, and our decades-long partnership with the Nigerian government, the private sector, and NGO community to address the country’s most urgent development and humanitarian needs.

“We empathize with the hardships and suffering of Nigerian citizens that have been exacerbated as a result of the Russian invasion of Ukraine and its negative impact on food security, and we fully expect President Biden’s initiative will significantly soften the blow of these war-related international price shocks.”

The statement said that with this funding initiative, U.S. total investment internationally in combating the global food security crisis since the start of Russia’s invasion of Ukraine will reach over $5.6 billion.

According to the statement, the United States will use every tool available to address the humanitarian and long-term impacts of Russia’s war and other such shocks on global food security and nutrition.

Advertisements

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Recent Comments

Onuegbu Chuks Theophilus on Mikel Obi quits Super Eagles
Thomas H. Anderson on Roman Goddess_3
Oladimeji Emmanuel on Obama sends investors to Buhari