Saturday, November 28, 2020

Federal Government says Nigeria received $26.94bn donations in six years

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The Federal Government has said Nigeria received a total of $26 .94 bn development assistance funds from international donors between 2015 and 2020.

The amount , according to the Minister of State for Budget and National Planning , Clement Agba , is made up of the $ 2 .34 bn received in 2015 , $ 1 .15 bn in 2016 , $ 774 .93 m in 2017, $22 .02 bn in 2018, $655 . 64 m in 2019 and $5 .64 m in 2020.

Agba disclosed this in Abuja while briefing House of Representatives Committee on Civil Society and Development Partners on donor funds receipts, transfers and disbursements to government agencies , civil society and non -governmental organisations in Nigeria .

The minister explained that the donations came from the European Development Fund, United Nations Development System , and China .

Others are Japan via the Japan International Cooperation Agency ; Korean International Cooperation Agency ; Department for International Development ; United States Agency for International Development and the German International Cooperation .

Agba, however , stated that the ministry did not receive donor funds , hence , could not transfer or disburse what it did not receive