Flood: Osinbajo orders release of N1.6bn for 16 states

ACTING President Yemi Osinbajo has directed the Minister of
Finance, Kemi Adeosun, to release the sum of N1.6 billion to 16
states affected by flooding in the ongoing raining season.
Special Adviser to the President on Media and Publicity, Mr Femi
Adesina, who disclosed this to State House correspondents in Abuja
on Wednesday, said the release of the fund was meant to cushion the
effects on victims.

The presidential spokesman said the money would be drawn out of
the Federal Governent’s Ecological Account domiciled in the Central
Bank of Nigeria (CBN).

According to him, the Minister of Finance was directed to
release the money to the National Emergency Management Agency
(NEMA) for onward distribution to the affected states.

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

ACTING President Yemi Osinbajo has directed the Minister of
Finance, Kemi Adeosun, to release the sum of N1.6 billion to 16
states affected by flooding in the ongoing raining season.
Special Adviser to the President on Media and Publicity, Mr Femi
Adesina, who disclosed this to State House correspondents in Abuja
on Wednesday, said the release of the fund was meant to cushion the
effects on victims.

The presidential spokesman said the money would be drawn out of
the Federal Governent’s Ecological Account domiciled in the Central
Bank of Nigeria (CBN).

According to him, the Minister of Finance was directed to
release the money to the National Emergency Management Agency
(NEMA) for onward distribution to the affected states.

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