Nigeria's NEC approves $50 million for flood intervention and climate disaster mitigation

Nigeria's National Economic Council (NEC) has approved a significant financial intervention of over 83.2 billion naira (approximately $50 million USD) dedicated to flood preparedness and mitigating the impacts of climate-related disasters across the country. This decision was made during a meeting on Thursday in Abuja.

The allocated funds represent half of a proposed total intervention of 166.4 billion naira. The NEC's move is seen as a proactive measure to bolster the nation's resilience against potential flood threats, which have become increasingly severe in recent years.

Officials indicated that the council remains open to providing further financial support if subsequent assessments reveal a greater need. This suggests a commitment to ongoing efforts in disaster management and climate adaptation strategies. The NEC also aims to strengthen the regional development framework as part of its broader strategy to address environmental challenges.