Latest Headlines
US Commits Additional $55m in Emergency Funding to Nigeria’s Food Security
Michael Olugbode
The United States has committed $55 million towards food security relief for Nigerians.
A statement by US Embassy in Nigeria yesterday, said this was part of President Joe Biden’s recent pledge at the G-7 Leader’s Summit in Germany, adding that was aimed at protecting the most vulnerable nations from an escalating global food crisis.
The statement said the fund would be administered through the US Agency for International Development (USAID) under its agriculture, nutrition, and humanitarian assistance programmes (and subject to Congressional approval).
It further noted that the funds would help immediately address the economic, food and nutrition needs of vulnerable communities in Nigeria most adversely impacted by higher food, fuel and fertiliser prices.
According to the statement, the US Ambassador to Nigeria, Mary Beth Leonard reaffirmed the commitment of the United States and the American people to improving the economic well-being and food security of all Nigerians.
Leonard said: “The United States is committed to mitigating the adverse effect of the current global food crisis on the people of Nigeria. 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 empathise 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 revealed that with the funding initiative, US total investment internationally in combating the global food security crisis since the start of Russia’s invasion of Ukraine would reach over $5.6 billion.
It stressed that the United States would 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.