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FG to partner private sector to create disaster relief fund, targets FAAC allocation

The federal government says it is looking to partner with the private sector to create a disaster relief fund in the wake of massive floodings that have rocked major parts of the country, especially the Northern states.

President Tinubu disclosed this during his trip to Borno state to condole with the people over the loss of life and properties following the collapse of the Alau dam and flooding of major parts of Maiduguri.

He stated that the fund was necessary due to the increasing unpredictability of the climate, which has left many parts of the country vulnerable. The Federal Government plans to collaborate with the private sector to establish the fund.

Senate President Godswill Akpabio, who accompanied the President, added that the National Assembly would work with the Executive to support the fund’s creation.

During his visit, President Tinubu also met with the Shehu of Borno, Alhaji Abubakar Ibn El-Kanem, visited an Internally Displaced Persons camp at Government Secondary School in Maiduguri, and toured disaster-affected areas.

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