• About Us
  • Education
  • For The Record
  • Opinion
  • Press Releases
  • Contact Us
Sunrise Times
  • Home
  • News
  • Politics
  • Business
  • Energy/Oil & Gas
  • Foreign
  • Health
  • Sports
  • Entertainment
    Afrobeats became Nigeria’s winning team at 2026 FIFA World Cup 

    Afrobeats became Nigeria’s winning team at 2026 FIFA World Cup 

    God gave me a natural gift- Asake 

    God gave me a natural gift- Asake 

    Burna Boy Makes List Of Time Magazine’s 100 Most Influential People 2024

    960 Music sues to thwarts multi-million dollars Burna Boy catalogue

    Edo State Assembly summons Natasha on  viral video with Tuface

    Edo State Assembly summons Natasha on viral video with Tuface

    Fire engulfs Iyabo Ojo’s office in Lagos

    Fire engulfs Iyabo Ojo’s office in Lagos

    Football Meets Entertainment As Super Eagles Captain Host Charity Match

    Football Meets Entertainment As Super Eagles Captain Host Charity Match

  • Interview
  • Feature
  • Gallery
  • Video
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Energy/Oil & Gas
  • Foreign
  • Health
  • Sports
  • Entertainment
    Afrobeats became Nigeria’s winning team at 2026 FIFA World Cup 

    Afrobeats became Nigeria’s winning team at 2026 FIFA World Cup 

    God gave me a natural gift- Asake 

    God gave me a natural gift- Asake 

    Burna Boy Makes List Of Time Magazine’s 100 Most Influential People 2024

    960 Music sues to thwarts multi-million dollars Burna Boy catalogue

    Edo State Assembly summons Natasha on  viral video with Tuface

    Edo State Assembly summons Natasha on viral video with Tuface

    Fire engulfs Iyabo Ojo’s office in Lagos

    Fire engulfs Iyabo Ojo’s office in Lagos

    Football Meets Entertainment As Super Eagles Captain Host Charity Match

    Football Meets Entertainment As Super Eagles Captain Host Charity Match

  • Interview
  • Feature
  • Gallery
  • Video
No Result
View All Result
Sunrise Times
No Result
View All Result

Bill Gates Announces $2.8 Billion Investment In Nigeria

Sunrise Times by Sunrise Times
September 6, 2024
in Business, Health, News
0
Bill Gates Announces $2.8 Billion Investment In Nigeria
0
SHARES
22
VIEWS
Share on FacebookShare on Twitter

United States billionaire philanthropist and Chairman Gates Foundation, Bill Gates has announced a $2.8 billion investment aimed at enhancing the country’s healthcare, nutrition, and agricultural sectors.

Speaking at the National Economic Council, NEC, meeting presided over by Vice President Kashim Shettima at the Presidential Villa, Abuja, on Wednesday, Gates emphasized the critical need to invest in Nigeria’s greatest resource, its people, while addressing the economic challenges the country faces.

Gates, who had met with the Vice President alongside the Chairman of the Dangote Foundation, Aliko Dangote, has been a long-time advocate for Nigeria, with his foundation’s commitment to the country now totaling over $2.8 billion, the largest of its kind in Africa.

His remarks to the NEC highlighted both the challenges and opportunities facing Nigeria, especially in the wake of economic stagnation and rising national debt.

He underlined the importance of prioritizing primary healthcare, noting that without health, “there can be no opportunity,” pointing out that despite Nigeria’s wealth, the country spends just N3,000 per person annually on primary healthcare, a ratio that he argued should be reversed.

Gates urged Nigerian leaders to increase funding for primary healthcare and to ensure timely disbursement of allocated resources.

He also praised recent efforts, such as the successful HPV vaccination campaign that reached over 12 million Nigerian girls in just one month.

However, he stressed the need for continuous improvement, particularly in data-driven decision-making to optimize healthcare delivery and workforce management.

Addressing nutrition, Gates highlighted the alarming rate of child malnutrition in Nigeria, which contributes to nearly half of all child deaths.

He called for greater private-sector involvement in food fortification and urged state governments to ensure compliance with nutritional mandates.

Gates also discussed affordable interventions in maternal health, such as the use of multiple micronutrient supplements (MMS) that could prevent millions of cases of anaemia and save thousands of newborn lives.

In the agricultural sector, Gates expressed concern over Nigeria’s food insecurity, exacerbated by climate change and poor agricultural practices.

He advocated for increased funding for extension services, fertilizers, and infrastructure to support farmers.

He also encouraged the adoption of innovative crop varieties with higher yields and greater resistance to pests, such as the new cassava varieties developed with support from the Gates Foundation.

The philanthropist reaffirmed the Gates Foundation’s long-term commitment to Nigeria and Africa.

He acknowledged the difficulties in turning around the country’s fortunes but expressed optimism that with smart investments, innovative thinking, and dedicated leadership, Nigeria could build a better future.

“By putting the Nigerian people first, Nigeria’s leaders can build a better future,” Gates said., adding: “I still believe in the grand vision of Nigeria’s future, and that future depends on all of you.”

VANGUARD

Tags: BILL AND MELINDA GATES FOUNDATIONBILL GATES
Previous Post

Owning Gun In Nigeria Is Illegal — Police

Next Post

PMS: Why Dangote cannot sell below NNPCL

Sunrise Times

Sunrise Times

Next Post
PMS: Why Dangote cannot sell below NNPCL

PMS: Why Dangote cannot sell below NNPCL

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Sunrise Times

We bring you the latest and the best news from around the globe as they happen.

Follow Us

Browse by Category

  • Business
  • Education
  • Energy/Oil & Gas
  • Entertainment
  • Feature
  • For The Record
  • Foreign
  • Gallery
  • Health
  • Interview
  • News
  • Opinion
  • Politics
  • Press Releases
  • Security
  • Sports
  • Video

Recent News

Ezekwesili Denies Praising Tinubu’s Economic Performance, Accuses P.M. News of Fabricating Quote

Ezekwesili Denies Praising Tinubu’s Economic Performance, Accuses P.M. News of Fabricating Quote

August 26, 2026
Presidency fires back at Atiku over subsidy removal statement

Atiku vows to boycott 2027 presidential debate without Tinubu

August 26, 2026
  • Home
  • News
  • Politics
  • Business
  • Energy/Oil & Gas
  • Foreign
  • Health
  • Sports
  • Entertainment
  • Interview
  • Feature
  • Gallery
  • Video

© 2019 Sunrise Times All Rights reserved

Designed by Codify Solution

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Energy/Oil & Gas
  • Foreign
  • Health
  • Sports
  • Entertainment
  • Interview
  • Feature
  • Gallery
  • Video

© 2019 Sunrise Times All Rights reserved

Designed by Codify Solution