The federal government's proposed National Flood Insurance Policy (NFIP) has sparked a significant debate among industry experts regarding its effectiveness and feasibility. Concerns have been raised about the policy's structure, the adequacy of its funding model, and its long-term sustainability in addressing the recurring flooding crisis in Nigeria. As flooding has become a near-annual occurrence, stakeholders are scrutinizing whether the NFIP can provide sufficient coverage and support for affected communities. The discussions highlight the need for a comprehensive approach to flood management in the country.
Don't miss out on breaking stories and in-depth articles.
