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    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa secures High Court Approval to boost future shareholder returns

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Petrol Jumps ₦110 per Litre as Dangote Ends Naira Pricing

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    Oil prices surge as US-Iran tensions reignite

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    Xenergi Plc Extends ₦38/Share Tender Offer to Premier Paints Minority Shareholders Following 49.6% Stake Acquisition

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    Airtel Africa Announces Total Voting Rights and Share Capital

    Airtel Africa CEO, CFO Receive 794,344 Long Term Incentives Shares Award

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    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

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    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

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    Oil prices surge as US-Iran tensions reignite

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

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    CBN fines nine banks 150 million Naira each for failing to dispense cash

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    Dangote Slashes Petrol Price to ₦1,125/Litre

    Dangote Slashes Petrol Price to ₦1,125/Litre

    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

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    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

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What is in the new US$800 million U.S. aid to Ukraine announced by Biden?

Thursday, 17 March 2022, 8:55 am
in News, World
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What is in the new US$800 million U.S. aid to Ukraine announced by Biden?
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On Wednesday, shortly after the Ukrainian President Zelensky addressed the U.S. Congress, an additional US$800 million aid for Ukraine was announced.

The additional $800 million comes on top of the $200 million in funding that was announced Saturday.

Announcing the aid, President Biden thanked the U.S. Congress for appropriating the funds, stating that the new package on its own is going to provide unprecedented assistance to Ukraine.

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The new package of aids includes the following according to Fox News;

  • 800 Stinger anti-aircraft systems
  • 2,000 Javelins
  • 1,000 light anti-armor weapons
  • 6,000 AT-4 anti-amor systems
  • 100 unmanned drones
  • 100 grenade launchers
  • 5,000 riffles
  • 1,000 pistols
  • 400 machine guns
  • 400 shotguns
  • more than 20 million rounds of small arms ammunition and grenade launcher and mortar rounds
  • 25,000 sets of body armor
  • 25,000 helmets

These equipment according to the President will be transferred directly from the U.S. Department of Defense to the Ukrainian military.

Biden explained that the American people are supporting the people of Ukraine in the face of Putin’s immoral, unethical attacks on civilian populations.

“This could be a long and difficult battle,” the President warned.

“We are united in our abhorrence of Putin’s depraved onslaught. We’re going to continue to have their backs as they fight for their freedom, their democracy, very survival,” the president said. “We’re going to give Ukraine the arms to fight, to defend themselves through all the difficult days ahead.”

The United States have also been mobilizing humanitarian relief to support people within Ukraine and those who’ve been forced to flee Ukraine.

President Biden noted that in the last few weeks, the U.S. has provided $300 million of humanitarian assistance to the people in Ukraine and in neighboring countries.

The president vowed that the U.S., in coordination with allies and partners, “will keep up the pressure on Putin’s crumbling economy, isolating him on the global stage.”

“That’s our goal,” Biden said. “Make Putin pay the price, weaken his position while strengthening the hand of the Ukrainians on the battlefield, at the negotiating table, together with our allies and partners.”

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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