Lake Chad Basin Commission other countries with observer status are Egypt—in the neighboring Nile Basin—and the Republic of Congo and the Democratic Republic of Congo which are fed by the Ubangi River being considered for diversion into Lake Chad. The member countries fund the commission's $1 million annual budget based on an agreed-upon formula: Nigeria 52%, Cameroon 26%, Chad 11%, Niger 7%, the Central African Republic 4%. The Commission's Basin Committee for Strategic Planning (BCSP), coordinates local activities between the member states. The LCBC controls the hydro-active regions in the Chad Basin, called the "Conventional Basin". The initial Conventional Basin consisted of approximately 427,500
Chad–Cameroon Petroleum Development and Pipeline Project which provided $46.6 million to finance Cameroon and Chad's equity in COTCO and TOTCO. Included in plans for the project was a revenue management law developed by the World Bank. This separated the oil revenues given to Chad into four required areas: a Future Generations Fund, health, education and other development projects, a fund to compensate the Doba region of Chad from where the oil was extracted and government reserves. The revenue management law also created the Petroleum Revenue Oversight Committee, which oversees how the oil revenues are spent, and includes members of both the Chadian government and civil society.