fbpx
Friday, December 27, 2024
27 C
Abuja

Norway Commits Additional $4.5 Million to Ukraine’s Grain Initiative

OSLO, Norway (CHATNEWSTV) — Norway has pledged an additional NOK 50 million (USD 4.5 million) to the “Grain from Ukraine” initiative, a move aimed at tackling severe food insecurity in parts of the Middle East and Africa. The announcement was made in a statement released by Norway’s Ministry of Development Cooperation on Tuesday.

According to the statement, Norway’s latest contribution emphasizes the country’s dedication to supporting global food security during challenging times. “The program shows the strength of international collaboration,” said Anne Beathe Kristiansen Tvinnereim, Norway’s Minister for Development Cooperation. “Despite the challenges posed by Russia’s full-scale invasion, Ukraine continues to support global food systems, delivering essential relief to countries in need. Norway’s increased support underscores its dedication to preventing hunger and fostering stability in regions most affected by global crises.”

The “Grain from Ukraine” initiative, spearheaded by Ukrainian President Volodymyr Zelenskyy in 2022, aims to ensure the safe and reliable transport of Ukrainian grain to developing countries. The program’s importance has grown following Russia’s withdrawal from the Black Sea Grain Agreement in July 2023, which led to sharp increases in global food prices. Although prices have stabilized, many vulnerable regions still face challenges due to high dollar-based costs and weakened local currencies.

The statement highlighted that the initiative has already delivered over 170,000 tons of grain to countries in need, including Somalia, Ethiopia, Kenya, Yemen, and Gaza, where over 90% of the population is food insecure. Other nations such as Nigeria, Djibouti, and Mozambique have also benefited from the program, which is implemented with the assistance of the World Food Program (WFP).

Norway’s new funding comes in addition to an earlier NOK 100 million contribution to the same initiative, raising the country’s total commitment to NOK 150 million. The global effort has attracted over USD 250 million in support from more than 25 countries, facilitating the continued export of Ukrainian grain and cooking oil—critical resources that represented over 15% of the world’s grain exports and more than 50% of sunflower oil exports before the conflict.

The statement emphasized that Norway’s contribution is part of a broader strategy to assist regions suffering from food shortages. “We support this initiative, in addition to supporting increased local food production in countries in the Middle East and Africa,” Tvinnereim noted, underlining the importance of boosting local resilience alongside international aid.

Hot this week

‘Champion of U.S.-India Ties’: Antony Blinken Pays Tribute to Manmohan Singh

WASHINGTON – Secretary of State Antony Blinken expressed his...

Tinubu Mourns Jigawa Governor’s Mother, Praises Her Legacy

ABUJA, Nigeria – President Bola Tinubu has extended his...

U.S. Denounces Hong Kong’s Crackdown on Overseas Activists

WASHINGTON – The United States condemned Hong Kong's latest...

Again, Nigeria Denies Niger Leader’s Claims of Collusion with France

ABUJA, Nigeria – The Nigerian federal government has dismissed...

U.S., Japan Unveil Guidelines to Strengthen Extended Deterrence

WASHINGTON – The United States and Japan released new...

Latest

‘Champion of U.S.-India Ties’: Antony Blinken Pays Tribute to Manmohan Singh

WASHINGTON – Secretary of State Antony Blinken expressed his...

Tinubu Mourns Jigawa Governor’s Mother, Praises Her Legacy

ABUJA, Nigeria – President Bola Tinubu has extended his...

U.S. Denounces Hong Kong’s Crackdown on Overseas Activists

WASHINGTON – The United States condemned Hong Kong's latest...

Again, Nigeria Denies Niger Leader’s Claims of Collusion with France

ABUJA, Nigeria – The Nigerian federal government has dismissed...

U.S., Japan Unveil Guidelines to Strengthen Extended Deterrence

WASHINGTON – The United States and Japan released new...

Governor Loses Mother And Son Within 24 Hours, Atiku Extend Condolences

DUTSE, Nigeria (CHATNEWSTV) — Jigawa State Governor Mallam Umar...

Protesters disrupt Midnight Mass in Germany’s Freiburg Cathedral

Agency Report There was a protest during Midnight Mass at...

Fulham Bites Chelsea To Break Stamford Bridge Jinx

Agency Report Harry Wilson and Rodrigo Muniz came off the...
spot_img

Related Articles

Popular Section

spot_imgspot_img

MORE FROM CHATNEWSTV

FG subsidize inputs for 500 wheat farmers in Cross River

The Federal Government in collaboration with Cross River has subsidised inputs for 500 farmers to produce 500 metric tonnes of wheat in Obudu Local...

FG Spends $480m On Importation of 3m Tonnes of Rice Annually — NEPC

The Nigeria Export Promotion Council, NEPC, on Thursday described as unacceptable continuous spending of 480 million dollars on importation of three tonnes of rice...

Brazilian Meatpacker JBS Agrees to Invest $2.5 Billion in Nigeria, Build Six Factories

Agency Report Brazilian meatpacker JBS said on Thursday it has signed a memorandum of understanding with Nigeria's government for a $2.5 billion investment plan in...

EU Council Adopts Revised Plant Health Law to Strengthen Protection Against Pests

BRUSSELS (ChatnewsTV) — The Council of the European Union has today adopted a targeted revision of the EU plant health law, enhancing efforts to...

U.K. Health Security Agency Confirms Bird Flu at Cornwall Poultry Farm

Rosudgeon, St. Ives, Cornwall (ChatnewsTV) — Highly pathogenic avian influenza (HPAI) H5N1 has been confirmed in commercial poultry at a premises near Rosudgeon, St....

FG Releases 2 New Chicken Breeds, 14 New High-Yield Crops Varieties

The Federal Government has released two new chicken breeds and 14 new high-yield crop varieties towards increasing agricultural production and improving the nutritional status...

Multi-Donor Initiative Aims to Mobilize $200 Million to Support Agri-SMEs Across Africa

Norway and the United States, through the U.S. Agency for International Development (USAID), have announced that the United Kingdom and the Republic of Korea...

Food Prices Increased In September 2024 — NBS

The National Bureau of Statistics, NBS, reports that prices of essential food items, including beans, eggs, bread, rice, and tomatoes, experienced significant increases in...

Governor Mbah Flags off Tractor Assembly Plant in Enugu

Governor of Enugu State, Dr. Peter Mbah, Tuesday, flagged off the construction of Nortra Tractor Assembly Plant and Service Centre, an investment by ODK...