The United States of America, through the US Agency for International Development (USAID), and the Federal Government have signed a developmental assistance agreement covering the next five years.

Vice President Yemi Osinbajo and USAID/Director in Nigeria, Michael Harvey, signed the agreement during a ceremony in Abuja last week.

The $2.3 billion agreement comes on the heels of President Muhammadu Buhari’s July visit to Washington, D.C.  The agreement covers activities from 2015 through 2020 and aims to help Nigeria reduce extreme poverty in a more stable, democratic society. Activities will stimulate inclusive economic growth, promote a healthier, more-educated population, and strengthen good governance.