Rising from the Federal Executive Council, FEC, meeting on Monday, President Bola Tinubu has directed the creation of Disaster Relief Fund.
Minister of Finance and Coordinating Minister for the Economy, Wale Edun made the disclosure while briefing the media.
He said based on the fact that disasters such as the Maiduguri flooding will likely become a regular occurrence because of climatic changes, there is need for specialised kind of funding to meet emerging demands and challenges associated with the phenomenon.
Recall that Maiduguri in Borno State witnessed an unprecedented flooding that consumed half of the city, killing some citizens and destroying critical infrastructure.
Edun noted that the Federal Government will do all in its powers to rally funding from critical stakeholders for the Disaster Relief Fund.
FEC sets up Technical Committee to review all existing dams in Nigeria
Following the recent flooding incident in Borno State, the Federal Government has approved the setting up of a technical committee to review all existing dams in the country.
Minister of Information and National Orientation, Ibrahim Mohammed, disclosed this on Monday after the Federal Executive Council, FEC, meeting presided over by President Bola Tinubu.
He said the FEC approved the technical committee in order to enable the country mitigate issues that necessitate flooding in the country.
According to the Information Minister, the government is not unmindful that some of the dams which were constructed over some decades might be in need of maintenance, hence the need for the technical committee to review their durability.
