NewsBill & Melinda Gates Foundation Gives FG $600m For Flood Victims, $500m...

Bill & Melinda Gates Foundation Gives FG $600m For Flood Victims, $500m For Cassava Revolution

spot_img

By Ayodele Oni

Access Bank Advert

The federal government has secured a $600 Million relief fund and commitments from the Bill and Melinda Gates Foundation.

The fund is expected to hasten relief efforts for victims of the devastating floods, as well as for health and agricultural sectors’ reforms.

UBA

Also 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 Senior Special Assistant to The President on Media & Communications, Office of The Vice President, Stanley Nkwocha, disclosed this in a statement.

According to the statement, 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.

READ ALSO:  Anambra Begins N70,000 Minimum Wage, Free Education In Schools

Nigeria’s Vice President,  Kashim 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.

“We are deeply committed to addressing the pressing developmental challenges facing our nation, particularly the significant malnutrition crisis.”

He emphasized the Nigerian 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 Telemaize 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.

READ ALSO:  Edo Election: "A Professor Told Me He Came To Cash Out" –  Weeping Prince Odigie

“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.”

On 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.”

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.

READ ALSO:  Federal High Court Refuses To Stop LG Poll In Kano

He disclosed that a $5 million grant has been approved for Lagos Business School and partners to develop the agricultural economics of industrial cassava adding that “Industrial cassava presents a multi-billion-dollar opportunity for Nigeria.”

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


Discover more from The Source

Subscribe to get the latest posts sent to your email.

Share your story or advertise with us: WhatsApp: +2348174884527, Email: [email protected]

Your Comment Here

More articles

Discover more from The Source

Subscribe now to keep reading and get access to the full archive.

Continue reading