Lake Chad attack Lake Chad attack The Lake Chad attack was a terrorist attack on the Niger side of Lake Chad by 30 members of Boko Haram, an Islamic sect in northeastern Nigeria. The incident was reported to have occurred on February 25, 2014 and was launched by members of the insurgents in Northeastern Nigeria. Sophisticated weapons were used in the attack, leaving scores of civilians and 7 soldiers dead. Since the sects had been designated by the US as a "terrorist" organisation in 2009, they had carried out several cross-border attacks but the February 25, 2014 Lake Chad attack was the first
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