The immediate past Minister of Water Resources, Suleiman Adamu, also confirmed the development recently in Abuja, when he disclosed that the Federal Government, through the ministry, had in an effort to save the Lake Chad from extinction championed the signing of a Memorandum of Understanding (MoU) between the Lake Chad Basin Commission (LCBC
) and a Chinese company on the proposed Inter Basin Water Transfer Project from the Congo Basin into Lake Chad.
stated on its website that it placed Twin Ponds West under contract for $4.95 million and plans to invest approximately $5 million into renovating half of the 80,000 square-foot building.
But in August 2018, at a conference in Abuja, the LCBC
's member states adopted a comprehensive regional stability plan that included an emphasis on greater political cooperation, economic development, and human rights along with security issues.
Nigeria's President, Muhammadu Buhari said that leaders of LCBC
member states "must treat the issues of the Lake Chad with the urgency they deserve and show the needed political commitment towards reviv- ing the lake."
He also commended the African Development Bank, the World Bank, the Islamic Development Bank and the China-Exim Bank for their support in promoting the socio-economic well-being of the member countries of the LCBC
Development of an Action plan by the LCBC
for Nigeria, for the infrastructural development of the areas worst affected by the war on terror.
The Lake Chad Development and Climate Resilience Action Plan (LCDAP) was developed by the Lake Chad Basin Commission (LCBC
) and its six member states; Cameroon, Central African Republic, Chad, Libya, Niger and Nigeria, with support from the World Bank and French Development Agency.
His remarks came during a press conference held at the Chamber of Commerce to discuss the upcoming plans of LCBC
in opening the way for Lebanese businessmen to invest in Cuba.
Mohammad Choucair, the chairman of the Chamber of Commerce, Industry and Agriculture, said that the Chamber has given its full support to the LCBC
in order to open the capacity for investing in Cuba.
President Muhammadu Buhari has told his fellow Lake Chad Basin Commission (LCBC
) leaders that the Boko Haram insurgency affecting development in the area must be defeated.