x

World Bank provides $346m to strengthen resilience, livelihoods in Lake Chad region

The World Bank has approved two operations totaling 346 million dollars in International Development Association (IDA) financing to help strengthen resilience and livelihoods in the Lake Chad region,.

The bank made this known in a statement on Wednesday, adding that the fund would be shared among Cameroon, Chad, Niger and Nigeria.

It explained that overall, the Lake Chad region suffered from poor development and economic indicators compared to the averages in the four countries.

It said there were significant gaps in infrastructure, access to basic services was poor, and natural resources and livelihoods were severely impacted by climate change and the situation was exacerbated by insecurity prevailing since 2009.

According to the bank, this is due to insurgent activities that prevented more than 49 million people from attaining their livelihoods in fishing, livestock farming and agriculture.

The bank said that the two newly approved operations focused on enhancing regional collaboration among the four countries to support communities close to the shore of Lake Chad areas.

It said the operations would also improve the living conditions of the population, including vulnerable women and youths who were being faced with the negative impacts of climate change and suffer from insecurity.

“The first project, the Lake Chad Region Recovery and Development Project (PROLAC, 170 million dollars), will support national and regional coordination platforms and local capacity building.

“It will contribute to restoring sustainable rural mobility, connectivity and strengthen the recovery of agricultural livelihoods in selected provinces of Cameroon, Chad, and Niger.

“It will also promote knowledge sharing and regional dialogue with a data platform hosted at the Lake Chad Basin Commission, while strengthening community empowerment through citizen engagement, social cohesion activities and labour-intensive public works.

“PROLAC will contribute to the rehabilitation of rural roads and small transport infrastructure, and will promote productive investments by helping agricultural producers to increase productivity in the polder areas in Chad, the farming of oasis areas in Niger, and in the areas close to the shore of the Lake Chad in the Far North of Cameroon.

“The second project, the Multi-Sectoral Crisis Recovery Project for North Eastern Nigeria, Additional Financing (MCRP AF, 176 million dollars), will help the Government of Nigeria to improve access to basic services and livelihood opportunities for crisis-affected communities in the North Eastern States of Adamawa, Borno and Yobe.

“While enhancing coordination among these States and other Lake Chad countries.

“It expands the ongoing 200 million dollars MCRP project and puts an increased emphasis on support for agricultural livelihoods and investments.

“In addition, the MCRP AF will include support for labor-intensive approaches and works programs, promote rural and regional connectivity, rehabilitate market infrastructure and prioritize climate change adaptation and mitigation,” World Bank explained.

The bank, however, noted that the project would also expand its education and health activities to include a focus on service delivery.

This the bank said it would do by providing grants to schools committees and incentives to returning teachers, and by promoting quality of primary health care services in targeted public health centres and district hospitals.

It emphasised that the Lake Chad region remained a priority area of engagement given the common nature of the challenges faced by the sub-region and the huge potential for regional cooperation.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalistAs...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Police Arrest 239 Suspects, Recover Weapons in Kogi

By Noah Ocheni, LokojaNo fewer than  239 criminal suspects...

Tinubu’s Aide Launches JusticeTechNG 2025 to Spur Legal Sector Innovation

President Bola Tinubu’s Special Assistant on Justice Sector Reform...

Davido: Critics Target Me Because of My Wealthy Background

Afrobeats superstar David Adeleke, popularly known as Davido, has...

ASUU Threatens Legal Action Against JAMB Over 2025 UTME Mass Failure

The Academic Staff Union of Universities (ASUU), University of...

Lagos Plans Monthly Rent Payment System to Ease Financial Burden

The Lagos State Government has announced plans to introduce...

BREAKING: JAMB Admits to Errors in 2025 UTME Affecting Student Performance

The Joint Admissions and Matriculation Board (JAMB) has officially...

Tinubu, Ganduje Strategize Apc’s Bright Future Ahead of 2027

By: Dr Sagir S Buhari FCIAAs Sun Tzu once...

Oborevwori Affirms Commitment to Corps Members’ Welfare and Safety in Delta

By Anne Azuka Governor Sheriff Oborevwori of Delta State on...
spot_img

Related Articles

Popular Categories

spot_imgspot_img