MasterwebNews 13/7/17 - Floods: Osinbajo orders release of N1.6bn to 15 states

[ Masterweb Reports: Isiaka Wakili reports ] - Acting President Yemi Osinbajo has approved the release of N1.6 billion from the Ecological Fund to 15 states affected in the recent flood witnessed across Nigeria.


The Special Adviser to the President on Media and Publicity, Mr Femi Adesina, disclosed this to State House correspondents on Wednesday after the Federal Executive Council meeting.


He said Finance Minister Kemi Adeosun had been directed to release the funds to the affected states of Niger, Edo, Sokoto, Ekiti, Osun, Akwa Ibom, Kebbi, Bayelsa, Kwara, Ebonyi, Enugu, Abia, Oyo, Lagos and Plateau.


He said the money would be released directly to the National Emergency Management Agency from the Ecological Fund domiciled in the Central Bank of Nigeria (CBN).


The presidential spokesman explained that the gesture was aimed at cushioning the effects of the disaster on Nigerians.


*Photo Caption - Nigeria Acting President, Prof. Yemi Osinbajo


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