In north-east Nigeria, ten years of conflict have left more than 7 million people in dire need of help in the three worst-affected states of Borno, Adamawa and Yobe. 1.8 million people are internally displaced. People need food, water, shelter and health services. But with other global crises competing for scarce resources, the Nigeria Humanitarian Fund is today evolving to partner with the Nigerian private sector to mobilize additional resources and ensure more timely and effective lifesaving support for the affected population.
Launched today, the Nigeria Humanitarian Fund – Private Sector Initiative provides private sector companies and business with the opportunity to contribute to the Country-Based Pooled Fund alongside donor countries. It is the first-ever joint humanitarian fund in which the private sector will join donor countries in providing assistance for humanitarian action. The platform is a first in the world for humanitarian action. It is a major innovation that will serve as a blueprint for other country-based funds.
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