Bill Gates, Co-chair of the Bill and Melinda Gates Foundation, has shed light on why Nigeria is the largest recipient of the foundation’s intervention funds in Africa.
During an interview with journalists at the 2024 NutriVision Dialogue in Abuja, Gates explained the reasoning behind the foundation’s significant investment in Nigeria.
“We allocate substantial resources to Asia, but our spending is even greater in Africa, with Nigeria being the country where we invest the most,” Gates said.
He attributed this to Nigeria’s large population and the extensive needs present in the country.
“I’ve personally directed billions of dollars to Nigeria,” Gates added, expressing satisfaction that efforts have led to a reduction in child mortality rates, although he acknowledged there is room for improvement.
Gates emphasized that the foundation’s top priorities include tackling global health inequalities and eradicating diseases like measles, malaria, and polio.
He also highlighted the foundation’s intention to increase its future spending, with a strong focus on enhancing primary healthcare systems. “Our work is almost entirely centered on primary healthcare because the impact per dollar spent is significantly higher than in other areas,” he noted.
In addition to health, Gates pointed out that the foundation is also heavily invested in the agricultural sector.
He emphasized that increasing agricultural productivity is key to Nigeria’s economic growth. This can be achieved through the provision of high-yield, climate-resilient seeds, fertilizers, improved information, and better weather forecasting for farmers.
According to Gates, these measures will lead to a substantial increase in agricultural output and a reduction in food costs.
Gates also mentioned that the foundation is committed to supporting food fortification initiatives, which enhance the nutritional quality of staple foods and provide broad public health benefits.
He underscored the importance of access to a diverse range of affordable foods, such as milk and eggs, in combating malnutrition.
He concluded by stating that the present moment offers an opportunity to leverage innovative ideas and tools in the health and agricultural sectors to make significant strides in reducing malnutrition across Nigeria.
Since its founding in 2000, the Bill and Melinda Gates Foundation has partnered with regional institutions, national governments, and local communities across 49 African countries to drive development and improve lives.