NEC Approves Release Of Over ₦83bn Anticipatory Action Trust Fund For Flood Response

 

 

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.

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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.

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