The National Economic Council (NEC) has approved ₦83.2 billion for flood response, marking a shift from emergency handouts to planned action.
The money comes from the Anticipatory Action Trust Fund (AATF), a pool designed to pay for early warning systems, emergency stockpiles, and other measures before floods hit — not after.
Governor Bassey Otu of Cross River State announced the decision after Thursday's NEC meeting chaired by Vice President Kashim Shettima at the State House in Abuja. Otu said the original proposal was ₦166 billion, but the council settled on half that amount.
Shettima used the meeting to push for visible results. "A workshop is judged by one thing. Not by the plans pinned to its walls, but by what comes off the bench," he said. "We return to that bench today. Not to admire the image, but to ask the question that honours it. Is the work taking shape?"
The Vice President said Nigeria must move from "stabilisation to production" and from "isolated interventions to coordinated national growth." He stressed that the country can't keep taking reactionary measures on disasters.
"A federation doesn't earn its prosperity by leaving its most vulnerable behind and hoping they catch up," Shettima said. "The dignity of the citizen with the least is the floor beneath which we have resolved that no Nigerian shall fall."
The AATF is part of a broader push to reform how Nigeria handles emergencies. The fund is meant to finance proactive steps — like clearing drainage, pre-positioning relief materials, and strengthening early warning systems — so communities are better prepared when seasonal floods come.
Nigeria has suffered severe flooding in recent years. In 2022, floods killed over 600 people and displaced millions. The government was widely criticised for responding too slowly. The new fund aims to change that pattern.
Shettima also linked the flood response to a larger economic agenda. He said Nigeria must stop exporting raw materials and importing finished goods. "A nation that can't move its goods has imprisoned its own farmers," he said, calling for better port processes and export standards.
The NEC meeting also touched on social protection. Shettima said the administration wants to turn "national conscience into a durable system" that protects the poorest citizens.
The ₦83.2 billion will be released to relevant agencies, including the National Emergency Management Agency (NEMA) and state governments. The fund is expected to cover this year's rainy season, which typically peaks between July and October.
Otu said the council stressed that NEC "can't continue to be seen as always taking reactionary measures" on disasters. The approval of the AATF is the first step toward a system that acts before disaster strikes.