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HomeNewsNigeria suffered $7bn economic damage to floods in 2022 – FG

Nigeria suffered $7bn economic damage to floods in 2022 – FG

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The Federal Government says the country’s infrastructural damage from the flood in 2022 stood at about $7 billion.

The Vice President, Kashim Shettima, disclosed this at a UN Framework Convention on Climate Change in Abuja on Tuesday.

Shettima was represented by Deputy Chief of Staff Ibrahim Hassan, who added that the 2022 flood led to the loss of 600 lives in Nigeria.

According to him, Nigeria is negatively impacted by climate change, one of humanity’s biggest challenges.

“We are all living witnesses to the ravaging floods of last year (2022), which held the country to a standstill for days. The World Bank’s Global Rapid post-disaster damage estimation assessment put the total direct economic damage to infrastructure at about $7bn,” he said.

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