33:36

Nigeria: Nigeria Develops National Risk Financing Framework for Disaster Prevention — Shettima

Content Partner Cover Image
Content Partner Profile Image
Uploaded by a Newsflare content partner

Buy video

Abuja, Nigeria - October 13, 2025 Vice President Kashim Shettima says President Bola Tinubu's administration is developing a National Disaster Risk Financing Framework to ensure timely funding for disaster prevention and preparedness. Speaking at the 2025 International Day for Disaster Risk Reduction (IDDRR) in Abuja, Shettima highlighted efforts to integrate disaster risk reduction into all sectors and expand early warning systems. He stressed the need to shift from reacting to disasters to anticipating and preventing them, advocating investment in resilience such as drainage systems, strong schools, and climate-smart farming tools. "If we fail to invest in resilience, we will continue to spend our scarce resources cleaning up after crises instead of building lasting prosperity," he said. Shettima also emphasized the roles of the private sector, academia, and civil society in building national resilience. Minister of Humanitarian Affairs and Poverty Reduction Yusuf Sununu underscored the need for a holistic disaster risk management approach involving all stakeholders and empowering local communities. He noted Nigeria's significant challenges with flooding, drought, insurgency, and more, urging the country to reduce reliance on external funding. He detailed government initiatives like the Conditional Cash Transfer programme reaching over 8.1 million households and loans to support dry season farming. NEMA Director-General Zubaida Umar called for proactive and well-funded disaster risk management, citing two new policy instruments for 2025-2030. She urged a shift from reactive funding to multi-stakeholder financing that supports prevention and sustainable recovery. "Resilience must be mainstreamed across sectors from agriculture, water resources, energy and infrastructure to finance, education, and health," Umar said. Plan International Nigeria’s Country Director, Dr Charles Usie, emphasised the need for transparency and accountability in disaster risk funding, recommending better data management and clear roles among stakeholders. "NEMA must prioritise financial transparency by publishing their budgets, allocations, and expenditure details as much as possible," he said The News Agency of Nigeria reports that with these measures, Nigeria aims to build a financial foundation for lasting stability and protection of development gains.

Categories

Tags

From the blog

Stories not Stock: 3 Reasons Why You Should Use UGC Instead of Stock Video

Video content is an essential part of a brand’s marketing strategy, and while stock footage has been a reliable go-to in the past, forward-thinking companies are looking to user-generated content for their video needs.

View post
Content Partner Cover Image
Content Partner Profile Image
Uploaded by a Newsflare content partner

Buy video