The Federal Government has disclosed that the country lost about $ 6,681 billion to the 2022 flood.
The Federal Government noted that though the 36 States including FCT were affected by the flood, the worst affected states are Jigawa, Rivers, Taraba, Cross River, Delta, and Bayelsa.
It also explained that it deployed technology to assess the impact of the flooding incidents instead of relying on Post Disaster Needs Assessment (PDNA) which would have taken about six months to conduct.
The Minister of Humanitarian Affairs, Disaster Management, and Social Development, Sadiya Farouq disclosed this in Abuja on Friday during the presentation of the Global Rapid Post Disaster Damage Estimation (GRADE) report of the 2022 flood.
The minister also explained that the objective of the GRADE Nite developed by the World Bank’s Disaster-Resilience Analytics and Solutions (D-RAS) team, was to assess the economic impact of the June-November 2022 Nigeria Floods.
She also hinted that people who were displaced and those whose farmlands were destroyed would be compensated.
Highlighting some of the findings, the minister said: “The extent of the population affected and houses damaged or destroyed is worse than the 2012 flooding in some localized areas.