The federal government has signed a $2.3 billion assistance agreement with the United States Agency for International Development as part of means of reducing extreme poverty in Nigeria.
The agreement would cover activities of the government for the next five year running from 2015 through 2020.
The development was contained in a statement by the Senior Special Assistant to the Vice President on Media and Publicity, Mr. Laolu Akande, disclosed on Sunday.
According to him, 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, Mr. Michael Harvey, signed on behalf of the US government.
“The issue of the extreme poverty of a vast majority of Nigerians is a very important issue for us, it is at the heart of our economic policy, at the centre of our agenda. You can’t have that vast number of poor people and don’t plan around that and for us, this is crucial, and absolutely important,” he quoted Osinbajo to have said.
Also speaking the USAID Director said the agreement would provide a solid foundation for the two countries to partner to reduce inequalities across the country.