Nigeria secures over $7.8bn in U.S. aid over a decade

    Fashola Olanrewaju | Insights | Feb 18, 2025    
Get Unlimited Access
Subscribe to unlock this article

Complete digital access to quality journalism on any device. Cancel anytime during your trial.

Once registered, you can:

  • Read this article and many more, including access to epapers and research
  • Enjoy customize article feed/recommendation based on your profile
  • Enjoy access to Businessday exclusive events
  • One-Access accross Businessday platforms

Share this article
Shared
1109
times

The United States over the years has provided Nigeria with a total of $7.8 billion in foreign aid from (2015-2024), supporting critical sectors such as healthcare, security, education, and economic development. In 2023 alone, Nigeria received its highest-ever U.S. aid package, with $1 billion. However, with President Donald Trump’s decision to halt foreign aid to Nigeria and other countries for 90 days, the future of this funding remains uncertain.

Portion of this aid was channeled towards Nigeria’s healthcare system. In 2023, Nigeria received approximately $600 million in health assistance, which is over 21 percent of the country’s total health budget. These funds have supported vital programs, including: HIV/AIDS treatment and prevention (under PEPFAR), Malaria and tuberculosis control, Maternal and child healthcare.

PEPFAR, the U.S. President’s Emergency Plan for AIDS Relief, is one of the largest contributors to HIV/AIDS prevention, testing, and treatment programs in Nigeria. Since its inception, the U.S. government has invested over $110 billion in the global fight against HIV/AIDS. If U.S. foreign aid is halted, millions of Nigerians depending on these life-saving programs could be at risk.

Of the total aid received, HIV/AIDS programs received the largest share with $220.20 million, followed by Basic Health initiatives with $108.90 million and Maternal, Child Health, Family Planning with $95.77 million, making them the top sectors benefiting from U.S. foreign aid in Nigeria in 2024.

Continue reading your article with a
BusinessDay subscription





Already a subscriber?
Sign In
RECOMMENDED STORIES
support_agent