The United States of America plans to assist Nigeria with $5.7m to manage elections.
This was according to the Congressional Budget Justification for Foreign Operations document for Fiscal Year 2024 obtained by the media.
According to the information, It was gathered that the $5.7m is a fragment of the $67.1m allocated for foreign operations in Nigeria.
Justifying the total allocation to Nigeria, the document read, “Assistance to Nigeria will promote stability, economic growth, and advance Nigeria’s path to sustainable development. As the economic engine of West Africa, Nigeria is a crucial U.S. trade, investment and security partner, and plays a foundational role in regional prosperity.
“As part of the effort to counter communal violence and violent extremism, U.S. assistance will address drivers of conflict by strengthening democratic governance, broadening economic growth, increasing the capacity of Nigeria to adapt to climate change impacts, expanding quality health access, and improving education services.”
A breakdown of the allocation showed that out of the total $67.1m for Nigeria, $18.8m is to strengthen the ability of government institutions and civil society organizations to fulfil their respective mandates.
The amount also covers USAID’s Peace Action for Rapid and Transformative Nigerian Early Response activity, which will build a sustainable and durable “early warning, early response” conflict prevention system.
The Deputy Treasury Secretary in the US, Wally Adeyemo, recently said that Congress must raise the debt ceiling to avoid any crisis from failing international confidence in U.S. resilience.
Adeyemo urged Congress to raise the limit as soon as possible to avoid slowing down U.S. momentum on the international stage.
(Upshotreports)