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Boko Haram: World Bank Approves $200m Emergency Credit

Unic Press UK: The World Bank this week approved a $200 million credit to assist the Nigerian government in tackling the humanitarian crises that were instigated by the Boko Haram terror group in the north east states of Borno, Yobe and Adamawa.

The $200 million credit would be used to provide a “Multi-Sectoral Crisis Recovery Project”, including rehabilitating health, water, sanitation, education and transport infrastructure.

“Communities affected by the Boko Haram insurgency in the region are experiencing a particularly wide range of profound challenges. Their vulnerability is multidimensional, including severe damage to their social fabric, the extensive destruction of property and infrastructure, and significant basic survival and socio-economic needs that remain largely unmet. As such, responses should be multi-sectoral, offering avenues to self-reliance and following international standards on safe and voluntary return or reintegration,” said Rachid Benmessaoud, World Bank Country Director, Nigeria.

Boko Haram

  • A terror group founded in 2002, operating mainly in north east part of Nigeria, and in a few African countries.
  • “Boko Haram” means western education is a taboo.
  • This armed insurgents have caused the death of “more than 20,000 lives, the displacement of two million people, and has negatively affected the livelihoods of six million more people,” said the World Bank in 2017
  • The terror group pledged allegiance to the Islamic State a few years ago.
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