Officials said improved financing would help protect livelihoods, support faster recovery and strengthen vulnerable communities. The engagement also stressed the need for collaboration among government agencies, development partners, insurers and local communities.
The state has already introduced a flood-risk insurance scheme with potential payouts of up to $7.5 million per flood event, covering more than four million vulnerable residents in high-risk areas. The latest discussions are aimed at identifying further financing gaps and strengthening long-term resilience.
Your reaction
Story guide
Understand this story
Summary
The Lagos State Government is exploring stronger disaster-risk financing mechanisms to improve preparedness and recovery from flooding and other climate-related emergencies. The Lagos State Government is exploring stronger disaster-risk financing mechanisms to improve how the state prepares for and recovers from flooding and other climate-related emergencies. The discussions followed a strategic engagement between the Office of Sustainable Development...
Key takeaways
- The Lagos State Government is exploring stronger disaster-risk financing mechanisms to improve preparedness and recovery from flooding and other climate-related emergencies.
- The Lagos State Government is exploring stronger disaster-risk financing mechanisms to improve how the state prepares for and recovers from flooding and other climate-related emergencies.
- The discussions followed a strategic engagement between the Office of Sustainable Development Goals and the United Nations University鈥揑nstitute for Environment and Human Security.Officials said improved financing would help protect livelihoods, support faster recovery and strengthen vulnerable communities.
Article FAQ
What is this story about?
The Lagos State Government is exploring stronger disaster-risk financing mechanisms to improve preparedness and recovery from flooding and other climate-related emergencies. The Lagos State Government is exploring stronger disaster-risk financing mechanisms to improve how the state prepares for and recovers from flooding and other climate-related emergencies. The discussions followed a strategic engagement between the Office of Sustainable Development...
Who published this story?
Glow 99.1 FM published this story with Babatunde Ademola Fadewo listed as author.
When was it published?
September 24, 2026
