Tuesday, November 17, 2009

UK aid money to Nigeria sees sharp increase in a decade

The UK's assistance to Nigeria has skyrocketed in the past 10 years. Starting at 15 million pounds in 1999, it is now at 120 million in 2009. The figures are according to the Department for International Development.

From the Daily Champion story that we found at All Africa, we read more about the funding levels.

It said the aid would rise to 140 million pounds in 2010, adding that the gesture was in recognition of Nigeria's poverty reduction challenge and reform efforts.

It said the DFID was delighted to be participating in the launch of a joint country partnership strategy with other agencies as it would ensure that international assistance was focused on the right priorities.

It stated that the initiative would also allow development partners to co-ordinate more effectively with the National Planning Commission to avoid duplication of efforts and increase the impact of the assistance.

The assistance, the statement said, would ensure that Nigeria utilised its own resources more efficiently and effectively to achieve the MDGs.

No comments: