$26.9bn dollars received by Nigeria from foreign support in six years.

Clement Agba, the Minister of State for Budget and National Planning, says Nigeria has received $26.94 billion Development Assistance funds from International Donors between 2015 and 2020.

Mr Agba made this known on Tuesday in Abuja while briefing the House of Representatives Committee on Civil Society and Development Partners on Donor Funds Receipts, Transfers and Disbursement to Government Agencies, Civil Society and Non-Governmental Organisations in Nigeria. According to him, these donations come from the European Development Fund (EDF) and the United Nations Development Systems (UNDS). He explained that some of the funds also came from China through the Bilateral Agreement between the Government of Nigeria and the Peoples Republic of China signed since1972. Mr Agba said some funds came from Japan Activities in Nigeria via the Japan International Cooperation Agency (JICA), and Korean International Cooperation Agency (KOICA). He said that others came from the Department for International Development (DFID), United States Agency for lnternational Development (USAID) and the German International Cooperation (GIZ).

Source: @preniumtimesng

Related posts

Leave a Comment