Public Management

G7 commits $382 million to remedy food security in northeast Nigeria

Friday, 09 July 2021 15:59
G7 commits $382 million to remedy food security in northeast Nigeria

(Ecofin Agency) - The G7 group, an inter-governmental political forum including Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, is committing $382 million to tackle the increasing food crisis and famine in the Northeast region of Nigeria.

This was disclosed on Thursday, July 8, 2021, in Abuja during a meeting held by Catriona Laing- the British High Commissioner to Nigeria- alongside stakeholders and the federal government to launch the G7 Famine Prevention and Humanitarian Compact.

“We are deeply concerned about the humanitarian situation in the North East where 8.7 million people need assistance, and 1.9 million people have been displaced because of the conflict, with another 300,000 having fled to neighboring countries,” said Catriona Laing. “The G7 has agreed to urgently provide an initial $7 billion in humanitarian assistance. This includes $382 million desperately needed in Nigeria’s North East,” she added.

According to a report by the United Nations, “One year after the declaration of the COVID-19 pandemic, the outlook for 2021 and beyond is grim. Conflict, pandemic-related restrictions fuelling economic hardship and the persistent threat of adverse weather conditions will likely continue driving food crises.” 

The G7 group’s Famine Prevention and Humanitarian Crisis Compact reported that 237 million people will be needing humanitarian assistance this year. Countries that are at immediate risk of famine - South Sudan, north-east Nigeria, and Yemen will be priorities. However, countries such as Tigray in Ethiopia, Burkina Faso and the Central Sahel, the Democratic Republic of the Congo, Sudan, Haiti, Afghanistan, and Syria are also a point of focus.

In this light, the G7, in addressing the financing gap, aims to provide an initial $.1.5 billion of humanitarian and related resilience-strengthening support to the three countries at risk of famine -$382 million to Nigeria, $341 million to South Sudan, and $800 million to Yemen. All three financings will be disbursed as soon as possible.

Closing the financing gab to tackle food insecurity is one aspect to be fixed. In this regard, the UN Secretary-General António Guterres, stated: “Conflict and hunger are mutually reinforcing. We need to tackle hunger and conflict together to solve either…We must do everything we can to end this vicious cycle.”

Solange Che

Additional Info

  • communiques: Non
  • couleur: N/A
 
Finance


 
Telecom


Ecofin Agency covers the news from 9 business sectors in Africa: Public management, Finance, ICT, Agribusiness, Electricity, Mining, Oil and Gas, Comms and Laws. Ecofin Agency is also creating and management specialized medias, in paper and on the web/social networks, for institutions or African publishers.

AGENCE ECOFIN

Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

REDACTION
redaction@agenceecofin.com

Public management
Aaron AKINOCHO
Borgia KOBRI
Moutiou ADJIBI

Finance
Idriss LINGE
Walid KEFI
Chamberline MOKO

Agribusiness
Espoir OLODO

Electricity
Gwladys JOHNSON

Oil and Gas
Olivier DE SOUZA

Mining
Louis-Nino KANSOUN

ITC 
Muriel EDJO

Comms
Servan AHOUGNON

Cameroon
Brice R. MBODIAM
Sylvain ANDZONGO
Monique MAY
Julienne Rose SENDE

Togo
Fiacre E. KAKPO
Waliyullah TAJUDEEN
Séna AKODA

Niger
Sandrine GAINGNE

Gabon
Stephane BILLE
Pierre-Celestin ATANGANA

Desk
Stéphane ALIDJINOU
Souha TOURE
Vahid CODJIA
Diane ZODEHOUGAN
Hikmatu BILALI

Translation
Schadrac AKINOCHO
Mouka MEZONLIN
Firmine AÏZAN



Digital
Omar SOKHNA
Mamadou DIOP
Bacary MANE
Abdel Razak MOULIOM

Digital Marketing
Jérémie FLAUX
Geraud ACHI
Jean Christian BERNARD
Franck FOUTE

Web publishing
Bakoly RAHARISOA
Rina RAMANANDRAISOA
Hasina RAJEMISON

Development
Dominique FLAUX

 


 
REGIE COMMERCIALE
AGENCE ECOFIN
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11
Fax: +41 22 301 96 10

Benjamin FLAUX
bf@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72

Voir page 
Nos services
 

 










 



Ecofin Agency is a news agency for economic and sectorial information. It was created in 2010 and it website was launched in June 2011.

Please publish modules in offcanvas position.