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United States, Japan promise to resume aid

The United States and Japan have pledged to renew economic, financial and other cooperation with Nigeria after the 29 May inauguration of President-elect Olusegun Obasanjo, media reports said on Wednesday.

Stuart Eizenstat, the US Under-Secretary of State for Economic, Business and Agricultural Affairs, said the cooperation would include a joint economic partnership and US backing in Nigeria's quest for better credit terms with international financial institutions.

Speaking at the end of a visit to Nigeria this week, 'The Guardian' quoted him as saying: "With the successful transition from military to elected government on 29 May, the door will be open for US partnership and support."

In Tokyo, where Obasanjo is on a two-day visit, a similar pledge was made during a meeting with the Japanese foreign minister, Masahiko Komura, news agencies said.


This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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