Cameroon–Nigeria relations Cameroon–Nigeria relations This article details the foreign relations between Cameroon and Nigeria. For a few years, relations between Cameroon and Nigeria have intensified over issues relating to their 1,600-kilometer land boundary, extending from the Lake Chad to the Bakassi peninsula, and boundary into the Gulf of Guinea. The issues that are involved are rights over the oil-rich land and the fate of local populations. For example, as Lake Chad dried up due to desertification, local populations relying on the lake for their water source have followed the receding waters, further blurring the boundary lines. Tensions between the two countries escalated
Niger River Fund. The World Bank approved a US$500 million soft loan in July 2007 to finance projects in the basin over a 12-year period. Funding will be awarded in two phases. The initial $185 million credit will go to Nigeria, Guinea, Benin, Mali and Niger. The second, $315 million investment, is slated for Burkina Faso, Cameroon, Chad and Ivory Coast. Besides financing the rehabilitation of dams in Nigeria, the loan will also fund the "sustainable management of selected degraded ecosystems and rehabilitation of small water infrastructure" and capacity building. In September 2009, the Nigerian government commenced a 36 billion naira dredging