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Nigeria News: Lake Chad basin to benefit from N1.1b German funding

The German Government is planning to spend six million euros or about N1.1b on the operations of the LAKE Chad Basin Authority (LCBA)

 

  • Dr. Roland Geerken of the German Technical Co-operation, disclosed this yesterday in Abuja
  • The fund would be disbursed in three phases of two million euros (N386 million) each,
  • An on going  phase that stated four years ago would end in 2010,
  • The third phase would end in 2013.
  • Geerken said the continuous disbursement of the fund and the collaboration _depends  on the outcome of the Extraordinary Session of the Council of Ministers of LCBA