As part of efforts to address the economic and social crisis affecting people living within the conflict areas of the Lake Chad region, the federal government, European Union (EU), France and other development partners yesterday launched the second phase of an economic recovery initiative to help pull the vulnerable population out of poverty.
The second phase of the project known as RESILAC 2 – Inclusive Economic and Social Recovery around Lake Chad which is the brainchild of the EU and French Development Agency and supported by over 20 development partners is targeted at impacting directly on 36,000 beneficiaries in Borno state.
With a total budget of 40 million Euros, RESILAC 2 is co-funded by the EU and AFD and executed by a consortium that includes Action Against Hunger (as lead partner), Care and Groupe URD in collaboration with the CCFD-Terre Solidaite network, 13 civil society organisations, sub-regional and national authorities.