Published On: Thu, Feb 9th, 2017

Global oil exporters cushion Boko Haram victims

opecMAIDUGURI, (CAJ News) – MORE than 2 million famine-stricken Nigerians are to benefit from an emergency assistance grant the World Food Programme (WFP) has secured from the Organisation of the Petroleum Exporting Countries (OPEC) Fund for International Development.
The value of the grant could not immediately be established but impoverished populations in Borno and Yobe States will mostly benefit.
According to officials, the initiative enhances OFID’s relationship with WFP, which began in 1981 and comprises over US$32 million in humanitarian aid to 18 countries in Africa and Asia.
OFID is the development finance institution established by the Member States of OPEC in 1976 as a channel of aid to the developing countries.
OPEC was established in 1960.
Nigeria, the biggest crude oil producer in Africa, is one of 13 members of OPEC after joining in 1971.
According to WFP, the ongoing unrest in northeast Nigeria, caused by the Boko Haram, has caused critical levels of food insecurity and malnutrition.
As a result, some 4,6 million people are going hungry.
An estimated 2 million people are in urgent need of assistance, and over one-half of children under the age of five are suffering moderate to acute malnutrition.
CAJ News

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