Tony Elumelu Appointed Chairman of Nigeria’s National Disaster Fund
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Tony Elumelu Appointed Chairman of Nigeria’s National Disaster Fund

Tony Elumelu Appointed Chairman of Nigeria's National Disaster Fund

In a bold move aimed at enhancing disaster management efforts in Nigeria, President Bola Tinubu has appointed Tony Elumelu, the renowned businessman and Chairman of Heirs Holdings, as the head of the newly established National Disaster Fund. This decision, approved during the Federal Executive Council (FEC) meeting on Monday, signals the government’s commitment to involving high-level stakeholders in national disaster response strategies.

The National Disaster Fund, a critical initiative under President Tinubu’s administration, is designed to consolidate and effectively manage emergency response funds from both the public and private sectors. With Nigeria frequently facing the brunt of natural disasters like flooding and drought, this fund is set to revolutionise the nation’s preparedness and response capabilities.

Why Tony Elumelu?

Tony Elumelu is a well-known figure in the African business landscape, recognized for his transformational work in entrepreneurship and economic development. Through the Tony Elumelu Foundation, he has empowered thousands of entrepreneurs across Africa, proving his commitment to fostering sustainable growth and resilience. Elumelu’s experience in navigating large-scale projects and collaborations, along with his global reach, makes him a fitting leader to spearhead this initiative. His role as Chairman of the National Disaster Fund will not only bring in private sector expertise but also attract global partnerships essential for disaster mitigation and response.

President Tinubu’s decision to place Elumelu at the helm highlights a deliberate strategy of leveraging elite business minds to address the country’s critical challenges. The President has emphasised the importance of assembling a team of high-level players, including various government ministers and international stakeholders, to ensure comprehensive disaster management efforts.

In addition to creating the National Disaster Fund, the Federal Executive Council also addressed the need for urgent infrastructural development to mitigate disaster risks. During the FEC meeting, Joseph Ustav, the Minister of Water Resources, outlined plans for the long-abandoned Dasin Hausa dam project, which will serve as a buffer dam for water coming from the Lagdo Dam in Cameroon. This dam, first conceived in 1980 but later neglected, is a key infrastructure that could drastically reduce the devastating impacts of flooding, particularly in northern Nigeria.

Moreover, the government has initiated an assessment of all major dams in the country, following the collapse of a section of the Alau dam in Borno State. These efforts are part of a broader strategy to protect communities and infrastructure from the damaging effects of uncontrolled water flow, especially during the rainy season.

Immediate Relief Efforts for Flood Victims

In tandem with long-term strategies, the Federal Government has also ramped up immediate relief measures. Minister of Agriculture and Food Security, Abubakar Kyari, announced that President Tinubu has authorised the delivery of 6,000 tonnes of assorted food items to Borno State, which has been severely impacted by recent floods. This emergency food relief includes substantial amounts of rice, maize, sorghum, and millet, reflecting the government’s commitment to ensuring that displaced communities receive timely support.

Additionally, the Ministry of Agriculture is distributing 2,000 water pumps to assist communities affected by flooding. These water pumps are crucial for mitigating the impact of floods on agricultural land, enabling farmers to clear excess water and continue their farming activities. The government’s actions underline its recognition of the vital link between disaster management and food security.

Nigeria’s evolving disaster management strategy reflects a multi-pronged approach, focusing on both immediate disaster response and long-term resilience-building. By bringing Tony Elumelu into the fold, the government is signalling its intent to foster collaboration between the private and public sectors. Elumelu’s leadership is expected to attract significant investments and partnerships, boosting the fund’s capacity to respond effectively to disasters.

Furthermore, President Tinubu’s administration is also prioritising infrastructure development, with the Dasin Hausa dam project representing a long-overdue step towards flood prevention. Coupled with the immediate provision of food aid and agricultural support, the government’s comprehensive disaster management efforts aim to minimise the devastating impact of natural disasters on vulnerable communities.

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