Lake Chad Basin Commission Basin (not all of which feeds Lake Chad) includes eight countries, which, in descending area of land, included are: Chad, Niger, the Central African Republic, Nigeria, Sudan, Algeria, and Libya. Cameroon, Niger, Nigeria and Chad (the four countries directly containing parts of Lake Chad and its wetlands) signed the Fort Lamy (today N'Djamena) Convention on May 22, 1964, which created the Lake Chad Basin Commission. The Central African Republic joined in 1996, and Libya joined in 2008. Sudan was admitted in July 2000, but has observer status because it has not ratified the founding convention. Algeria has not participated. The
Chad–Cameroon Petroleum Development and Pipeline Project Cameroon, and that the revenues be put towards improving social and economic conditions. Since 1990, President Idriss Deby has been the head of government in Chad, where presidential elections are held every five years. Chad's economy is dependent mainly on agriculture and livestock. It heavily relies on foreign assistance and foreign capital, as well as international investment projects. Because of Chad's landlocked borders, its economy struggles from a lack of resources and instability between rebel groups. The country also serves as a host to thousands of refugees from neighboring Sudan and Central African Republic, as well as many victims of