Economy

Nigeria secures $600,000 for flood relief, health/agric reforms

Nigeria has secured a $600,000 relief fund and commitments from the Bill and Melinda Gates Foundation to support flood relief efforts and reforms in the health and agricultural sectors.

Specifically, the Foundation pledged the $600,000 for flood relief in Borno State and other health sector initiatives with an additional $5 million grant approved for Lagos Business School and partners to develop the agricultural economics of industrial cassava. 

The donation was announced when Vice President Kashim Shettima held  a meeting with the Bill and Melinda Gates Foundation led by its head of Global Development Programme, Dr Christopher Elias, on the sidelines of the 79th United Nations General Assembly in New York.

Shettima, reaffirmed the commitment of the administration of President Bola Ahmed Tinubu to placing health, nutrition, and agricultural development at the forefront of nation’s national agenda.

In a statement by Senior Special Assistant to the President on Media and Communications, Office of the Vice President, Stanley Nkwocha, Shettima said: “we are deeply committed to addressing the pressing developmental challenges facing our nation, particularly the significant malnutrition crisis”.

He emphasised the Federal Government’s dedication to integrity and effective leadership in tackling these issues, pointing out that there is an urgency in securing locations for maize production under the Telemaze programme

Promising swift action on import permits for certified seeds, the VP said, “We recognize the critical importance of food security and industrial agricultural development. The Cassava Accelerator programme, in particular, holds immense potential for our economy.

 “We are pursuing a whole-of-government approach to digitisation and data exchange systems, which we believe will revolutionise our public services,” he added while reiterating the government’s focus and commitment to digital transformation.

Vice President Shettima further expressed firm belief that “with the expertise” of Nigeria’s ministers, “and the continued support of partners like the Gates Foundation,” the nation remains confident in its “ability to drive meaningful change and improve the lives of all Nigerians.”

For his part,  President of the Global Development Programme at the Gates Foundation, Dr. Christopher Elias, said the Foundation is deeply worried about the severe flooding in Borno, and is “committed to supporting Nigeria in times of crisis.”

The Foundation also pledged support for Nigeria’s health sector reforms, particularly in the fight against polio.

“We’re impressed by the national task force’s efforts to eliminate variant polioviruses by year-end,” Dr. Elias noted.

Also, President of Global Growth & Opportunity Division at the Bill & Melinda, Rodger Voorhies, detailed plans for scaling up drought-tolerant maize production and advancing the Nigeria Cassava Investment Accelerator programme.

He disclosed that a $5 million grant has been approved for Lagos Business School and partners to develop the agricultural economics of industrial cassava.

“Industrial cassava presents a multi-billion-dollar opportunity for Nigeria,” Voorhees explained.

He requested import permits for 5,000 metric tons of certified maize seed to build a foundation seed system in the country.

The Nation

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