Nigeria's Government Establishes Disaster Relief Fund to Tackle Flooding and Emergencies

Written on 24/09/2024
Tribune Online

The Federal Government has announced the creation of a disaster relief fund to enhance disaster preparedness and response across Nigeria, with a focus on flooding and other emergencies.

The initiative was disclosed by Wale Edun, Minister of Finance and Coordinating Minister of the Economy, during a press briefing on Monday at the Presidential Villa, Abuja, following a Federal Executive Council (FEC) meeting chaired by President Bola Tinubu.

The fund is part of the government's broader strategy to improve disaster management and protect vulnerable communities.



Edun emphasized that, despite preventive measures, disasters are inevitable in this era of climate change, making it crucial to have a dedicated fund for swift response. “No matter the precautions, disasters will still happen, and we must be prepared. This fund will pool resources from various sectors to ensure timely intervention when disasters strike,” he said.

In addition, the FEC approved the economic stabilisation bill, based on the recommendations of the fiscal policy and tax reform committee.

Source