Skip to main content

‘Nigeria received $26.9bn foreign support in 6 yrs‘

‘Nigeria received $26.9bn foreign support in 6 yrs‘
Nigeria receives $26.9bn foreign support in 6 yrs — Minister
Clement Agba

Mr Clement Agba, the Minister of State for Budget and National Planning, says Nigeria has received $26.94 billion Development Assistance funds from International Donors between 2015 and 2020.

Agba made this known on Tuesday in Abuja while briefing House of Representatives Committee on Civil Society and Development Partners on Donor Funds Receipts, Transfers and Disbursement to Government Agencies, Civil Society and Non-Governmental Organisations in Nigeria.

Breaking down the figure, Agba said that the amount comprised $ 2.34 billion received in 2015, $1.15 billion gotten in 2016 and $ 774.93 million collected in 2017.

The minister said that $22.02 billion was obtained in 2018, while $655.64 million was received in 2019 and $5.64 million got in 2020.

According to him, these donations come from the European Development Fund (EDF) and the United Nations Development Systems (UNDS).

He explained that some of the funds also came from China through the Bilateral Agreement between the Government of Nigeria and the Peoples Republic of China signed since1972.

Agba said some funds came from Japan Activities in Nigeria via the Japan International Cooperation Agency (JICA), and Korean International Cooperation Agency (KOICA).

He said that others came from the Department for International Development (DFID), United States Agency for lnternational Development (USAID) and the German International Cooperation (GIZ).

According to him, the ministry does not receive donor funds, hence cannot transfer or disburse what is not received.

He said that Nigeria does not currently qualify for budget support because it is not classified as very poor but as a lower middle income country that is only qualified for projects/programmes support.

“The implication of this is that Donors do not give us the funds for management, rather Donors work with the sectoral stakeholders to fund the project directly after identifying the needs by the MDAs/States in line with the Paris Declaration on Aid Effectiveness.

“For the purpose of clarification, the Federal Ministry of Finance, Budget and National Planning is responsible for coordinating Nigeria’s multilateral and bilateral economic cooperation including development aid and technical assistance programmers by signing of cooperation agreements.

“These agreements are signed after obtaining Power of Attorney from Ministry of Foreign Affairs; the ministry also facilitates the implementation of programmes and projects as well as carrying out monitoring and evaluation.

“In carrying out these functions, the role of the ministry is to coordinate the Bilateral and Multilateral Institutions, Non-Governmental Organisations (NGOs), International Non-Governmental Organisations (INGOs), as well as Civil Society Organisations (CSOs).

“Interventions in these identified areas are done directly in collaboration with the relevant Ministries, Departments and Agencies (MDAS) as well as States and Local Government Areas through their implementing Agencies.

“In view of the above, procurement is carried out directly by the Donors,” he said.

In his remarks, the Chairman of the Committee, Rep. Kabiru Idris (APC-Kano) said that the committee had received several petitions, alleging misappropriation, misuse, and diversion of donor funds.

READ ALSO: Misinformation of 5G Technology may derail implementation, says Danbatta

He said that petitions on falsification of performance reports for the purpose of obtaining more funds from Donor Agencies/Organisations had also reached the committee.

The lawmaker said that the committee had also received a referral from the House of Representatives, mandating it to investigate the operations of Non-Governmental Organisations (NGOs) so as to ascertain their sources of funding.

He said that the committee is expected to find out the bases of operations and locations of NGOs following a deliberation on a motion titled “Need for Special Intervention in the Protracted Situation in the Country” by the green chambers.

“It was in the light of the foregoing that we wrote you two letters:

“To brief the committee on how the Department of International Corporation has been carrying out its responsibilities of managing Multilateral and Bilateral Economic Cooperation including Development Aid and Technical Assistance Programmes.

“Also Donor funds received by Government Agencies and NGOs from 2015 to date and the operations of NGOs particularly those operating in the Northeast, so as to ascertain their sources of funding, their bases of operations and their locations,” he said.

The chairman said that the information gathered from the interaction would enable the Committee to effectively carry out its oversight mandate.

Kabir said that the committee would embark on further engagements with NGOs, both local and international for more clarifications.

NAN

Vanguard News Nigeria

The post ‘Nigeria received $26.9bn foreign support in 6 yrs‘ appeared first on Vanguard News.


https://ift.tt/3jtX5fK by David O Royal via Vanguard News Albert Einstein Fools of Fortune

Comments

Popular posts from this blog

How to jump-start Nigeria economy post-COVID-19 Pandemic

Nwali Tochukwu Watching with consternation the fall out of events, actions, and inactions of our Nigerian leaders on mitigating the negative impact of COVID-19 Pandemic disruptions on our social and economic lives. As a young dynamic business and entrepreneurship writer, and author cum small business owner, what came into my mind as we navigate the storms of COVID-19, was a common English phrase Adages, Proverbs, first recorded in Fuller’s Gnomologia, 1732: ‘A stitch in time saves nine’ which was translated to literally, solve the problems right now! Why procrastinating? If we, as a nation wants to break away from past mistakes, and present mistakes, we should hold the bull by the horn right now. And avoid the roads of political expediency. That is exactly what the stitch in time simply stood for. Promptly address issues posed by Coronavirus. By quickly sewing up of a small hole or tear in a piece of material, so saving the need for more stitching at a later date when the whole ha...

Where is Aguleri Located?

Aguleri is a prominent town often associated with the mighty river called Omabala wgiyflows through it. It is home to a lot of great men and women of Anambra Stare - notably Willie Obiano. History had it that it was the cradle of Igbo people established by Eri, son of Had, son of Jacob (you got to read your Bible babe). Where is Aguleri located? It can be foueat the north eastern part of Nigeria. They share boundaries with Kano, Umueri, Anam and Nando httpss://twitter.com/share https://google.com https://www.alexa.com/siteinfo/google.com https://www.quantcast.com/google.com https://sharedcount.com/?url=https://google.com https://www.similarsites.com/site/google.com https://facebook.com https://www.alexa.com/siteinfo/facebook.com https://www.quantcast.com/facebook.com https://sharedcount.com/?url=https://facebook.com https://www.similarsites.com/site/facebook.com https://youtube.com https://www.alexa.com/siteinfo/youtube.com https://www.quantcast.com/youtube.com ...

Forum of retired Heads of Service, Permanent Secretaries donate N500,000 to Edo COVID-19 fund

Urges residents to complement govt’s efforts to check spread The Edo Forum of Retired Heads of Service and Permanent Secretaries has donated N500,000 to boost the Edo State Government’s response to check the spread of coronavirus disease (COVID-19) in the state. Chairman of the forum, Mallam Ikhelowa Atalasa Hanson, who made the presentation at Government House, Benin City, said the donation will complement the state government’s effort in deploying resources to fight against the spread of the virus. Ikhelowa said as a body, the retired heads of service and permanent secretaries tasked themselves to support the state government’s unalloyed commitment to protecting Edo people. READ ALSO:  COVID-19: Edo records 60 new cases as govt calls for caution On his part, Vice Chairman of the forum, Sir Xerxes Usiobaifo urged residents in the state to comply with all regulations from Nigeria Centre for Disease Control (NCDC) and the state government, noting that COVID-19 is real. He ur...