Osinbajo Approves N1.6bn For Disbursement To Flood Victims In 16 States

Acting President Yemi Osinbajo on Wednesday in Abuja ordered the immediate release of N1.6 billion for disbursement to victims of flood in 16 states of the federation.

Mr Femi Adesina, the Special Adviser to the President on Media and Publicity disclosed this when he briefed State House correspondents after the meeting of the Federal Executive Council (FEC), which was presided over by Acting President Yemi Osinbajo.

He said that the Minister of Finance, Mrs Kemi Adeosun, had already been directed to release the amount directly to the National Emergency Management Agency (NEMA) for onward disbursement to the victims in the affected states.

“The Acting President has approved the sum of N1.6billion as immediate intervention for the victims of flood in 16 states. 16 states have been ravaged by flood.

“The states are Ekiti, Osun, Akwa Ibom, Kebbi, Niger, Kwara, Ebonyi, Enugu, Abia, Oyo, Lagos, Plateau, Sokoto, Edo and Bayelsa.

“So, 16 states ravaged by flood and the sum of N1.6billion has been approved for immediate release as relief for people in those states and communities involved.

“The money is going to be taken from the Federal Government Ecological Fund Account at the Central Bank of Nigeria and the Minister of Finance is to release the fund direct to NEMA, which is, National Emergency Management Agency.’’

It will be recalled that the balance of the Federal Government Ecological Fund as at June 29 was N29.8billion.