The fund is expected to support proactive measures, including early warning systems, emergency preparedness, and other flood mitigation initiatives designed to reduce the devastating effects of seasonal flooding
The National Economic Council (NEC) has approved the release of over ₦83 billion under the Anticipatory Action Trust Fund (AATF) to address the recurring challenge of flooding across the country.
The approval was granted at the NEC meeting chaired by Vice President Kashim Shettima at the Council Chamber of the State House, Abuja, on Thursday.
Addressing State House correspondents shortly after the meeting, the Governor of Cross River State, Bassey Otu, said a total of over ₦166 billion had initially been proposed for the Anticipatory Action Trust Fund.
However, he disclosed that NEC approved the sum of ₦83.2 billion.
The fund is expected to support proactive measures, including early warning systems, emergency preparedness, and other flood mitigation initiatives designed to reduce the devastating effects of seasonal flooding.
In addition, the Council noted the importance of the AATF in addressing disasters and emergencies across the country, underscoring the fact that NEC cannot continue to be seen as always taking reactionary measures with regard to emergency and disaster management.
Speaking at the meeting, Shettima said the President Bola Tinubu administration’s reform agenda must now produce visible results across the federation.
