FAO Needs $232 Million to Feed Boko Haram Victims in Lake Chad
(Bloomberg) -- The Food and Agriculture Organization said Friday that it needs $232 million to help feed at least three million people in four countries facing food shortages because of the Islamist insurgency of Boko Haram militants in the Lake Chad area.
The UN agency plans to scale up its intervention immediately with 2.5 million people in Nigeria requiring $191 million of the amount, with the rest to be spent on 200,000 people in Cameroon, 155,000 people in Niger and 120,000 people in Chad, its Director-General Jose da Silva told reporters in Nigeria's northeastern city of Maiduguri.
Boko Haram is in the eight-year of its insurgency to impose its version of Islamic law on Africa's most populous country of more than 180 million that has led to the death of tens of thousands of people. Nigeria is roughly split between a mainly Muslim north and a predominantly Christian south.
Da Silva arrived in Maiduguri, the birthplace of Boko Haram, from a visit to Ndjamena, the capital of Chad.
To contact the reporter on this story: Michael Olukayode in Maiduguri at molugbode1@bloomberg.net.
To contact the editor responsible for this story: Dulue Mbachu at dmbachu@bloomberg.net.
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
-
You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
-
Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
-
FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.
-
Everything, Everywhere, All At Once: Dalal Street's Week To Forget | Joining The Dots
Visa curbs, a Starlink spat and cancer drug caps: what connects this week's shocks for Indian markets
-
India Is Going Abroad For Critical Minerals. But It May Take Years To Pay Off | The Reason Why
Although India's steps are in the right direction, they remain modest compared with India's growing dependence.
-
When Everyone Has AI, What Gives You An Edge?
India's young workforce is entering an uncertain world of work where powerful AI tools are becoming widely accessible. The advantage will belong to those who combine deep expertise with digital fluency, and the distinctly human capabilities that technology cannot manufacture.