The Federal Govt Council has sanctioned the institution of a Catastrophe Aid Fund aimed toward guaranteeing speedy and environment friendly response to catastrophe victims nationwide.
This initiative will allow well timed reduction and restoration efforts throughout the nation, streamlining assist for communities affected by floods, fires, and different emergencies.
The Minister of Finance and Coordinating Minister of the Economic system, Wale Edun, said this on Monday whereas briefing State Home Correspondents shortly after the FEC assembly chaired by President Bola Tinubu on the Presidential Villa in Abuja.
Edun stated, “The Fund will supply funds from the three tiers of presidency and personal sector gamers for flood victims.”
The minister additionally disclosed that the council has constituted a Technical Committee to reassess the dams throughout the nation, significantly the Alau Dam in Maiduguri, the capital of Borno State.
Based on Edun, the committee is to be chaired by the Minister of Water Sources, Professor Joseph Utsev, and has different members.
PUNCH On-line experiences that the Borno capital was flooded two weeks in the past following the collapse of the Alau Dam, a essential infrastructure designed to control water circulate and supply irrigation and ingesting water.
Based on the Nationwide Emergency Administration Company, over 70 per cent of Maiduguri was submerged by the fast-moving water, displacing over 1,000,000 residents and leading to 30 casualties.
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