Flooding: it’s time Nigeria considered weather based insurance approach – Okonjo – Iweala

Former minister of finance, Dr Ngozi Okonjo-Iweala has said Nigeria must now consider weather based insurance approach to tackle flooding in Nigeria.

Okonjo-Iweala, who was recently appointed into the twitter board said it was sad that flooding which used to occur once in 30years has now become a regular occurrence .

The former finance minister said this over twitter on Tuesday. According to her, Nigeria must consider using a strong risk mitigation and risk management strategy.

She wrote:

A few days ago, there were reports that major flood in Kano claimed many lives and properties.