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    Chronicle NG

    Biden announces $2.5bn security assistance for Ukraine

    Vincent OsuwoBy Vincent OsuwoDecember 30, 2024No Comments2 Mins Read
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    Biden begins radiation treatment for ‘aggressive’ prostate cancer
    Former US President Joe Biden
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    President Joe Biden announced on Monday a $2.5 billion security assistance package for Ukraine as Washington races to provide aid to Kyiv before President-elect Donald Trump takes office.

    After Trump’s November election victory, there is a limited window for disbursing billions of dollars in authorised aid to Ukraine before his inauguration next month.

    The aid includes a $1.25 billion military “drawdown package” that allows the Pentagon to quickly send weapons from US stocks to the battlefield.

    An additional $1.22 billion will be funded through the Ukraine Security Assistance program.

    “Today, I am proud to announce nearly $2.5 billion in security assistance for Ukraine, as the Ukrainian people continue to defend their independence and freedom from Russian aggression,” Biden said in a statement.

    Drones, ammo for high mobility artillery rocket systems, optically guided missiles, anti-tank weapon systems, air-to-ground munitions, and spare components will be removed from defence department shelves, according to a separate statement from the US State Department.

    “The United States and more than 50 nations stand united to ensure Ukraine has the capabilities it needs to defend itself against Russia’s aggression,” Secretary of State Antony Blinken said.

    Ukrainian Defence Minister Rustem Umerov praised the new aid package in a social media post.

    “The US is a key ally of Ukraine, providing us with invaluable assistance. Together, we will win!” he wrote.

    The latest support for Ukraine comes after the announcement of a roughly $1 billion tranche of drones, ammunition, and equipment earlier this month.

    The outgoing Biden administration is attempting to provide as much aid to Ukraine as possible before Trump, who has consistently criticised US assistance to Kyiv and claimed he could achieve a ceasefire within hours, takes office in January.

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    Zenith Bank headquarters illustrating a cyberattack and customer data breach affecting limited customer information.

    Hackers hit Zenith Bank, steal customers’ information

    August 4, 2026
    President Bola Tinubu has enacted an executive order that creates a unified regulatory structure for virtual assets in the nation.

    Tinubu approves 30% to 80% salary increase for military personnel

    August 4, 2026
    Education Minister Dr Tunji Alausa announces adoption of Kaduna's household mapping model to identify out-of-school children nationwide.

    FG orders expulsion of students found guilty of kidnapping

    August 4, 2026
    APC to resolve Fubara, Wike crisis

    Wike reveals why Fubara wasn’t allowed to seek reelection

    August 4, 2026
    FG moves to secure new $1.25bn World Bank loan amid debt concerns

    World Bank urges Nigeria, other developing countries to embrace AI

    August 4, 2026
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