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National

Trump and Musk reportedly shutdown USAID over alleged misuse of funds by leaders

James Moses
Last updated: February 4, 2025 9:50 pm
By James Moses - James Moses
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In a surprising move United States President Donald Trump and billionaire entrepreneur Elon Musk have officially announced the shutdown of the United States Agency for International Development (USAID).

The decision stems from their belief that leaders in Africa and other countries misuse billions of dollars in aid, failing to channel the funds to those in dire need.

USAID, established in 1961, has long been a pillar of US foreign aid, offering assistance to countries recovering from disasters, fighting poverty, and implementing democratic reforms.

However, Trump and Musk argue that these efforts have not yielded the desired results due to systemic corruption and mismanagement by the leaders entrusted with these funds.

In a joint statement, they expressed frustration at the misuse of resources, stating; “We cannot continue to pour billions of dollars into nation’s where leaders prioritize personal gain over the welfare of their citizens. It is time to hold these government’s accountable”.

Critics of USAID’s operations has often raised concerns about the lack of transparency and accountability in disbursement of aid funds. They point to instances where aid money failed to reach vulnerable populations and instead ended up enriching elites.

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Trump and Musk decision appears to align with these criticisms, underscoring their view that foreign aid is no longer serving it intended purpose.

The announcement has sparked mixed reactions globally. Supporters of the decision argued that it is a wake-up call for recipient nations to address corruption and demonstrate more effective use of aid.

Currently, opponents warn that the abrupt termination of USAID could have devastating consequences for millions relying on its support for food security, healthcare, and rebuilding efforts after national disasters.

The closure of USAID signals a significant shift in US foreign policy, with Trump and Musk calling for alternative strategies to foster accountability and ensure international assistance directly impacts communities in need.

While the move has drawn criticism from humanitarian organisations, Trump and Musk maintain that this step is necessary to prevent further waste of American resources.

As the dust settles, questions remain about what comes next for international efforts and how countries previously reliant on USAID’s support will navigate their challenges as time progresses.

-9News Nigeria.

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ByJames Moses
James Moses
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James Moses is a 9News Nigeria news correspondent reporting from Jos, Plateau State. He is an experienced writer, journalist and blogger. He is passionate and flair for Politics, Sports and Entertainment reporting.
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