The Federal Government has approved an interest-free loan of N6.3 billion to support 21,000 Nigerians affected by flood disasters across the country.
The Minister of State for Humanitarian Affairs and Poverty Reduction, Yusuf Sanunu, disclosed this on Monday during a roundtable held in Abuja to commemorate the 2025 International Day for Disaster Risk Reduction.
“As a ministry, under the Hope Agenda of Mr President, the Ministry has, through the National Social Investment Agency, done very well in improving the resilience of the local community.
“As of today, in terms of conditional cash transfer, over 8.1 million households in Nigeria have been reached with a total sum of over 300 and something billion naira.
“This has really improved their capacity, improved their health and education, and the process will continue,” Sanunu said.
Sanunu explained that the intervention aims to lessen the impact of flooding across the country and tackle its effects on food security.
He noted that the Federal Government has supported 8.1 million households with over N300 billion under the Conditional Cash Transfer scheme
