The Federal Executive Council (FEC) has approved the setting up of the Disaster Relief Fund.
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this while briefing the State House correspondents after the meeting of the Council on Monday in Abuja.
President Bola Tinubu presided over the meeting.
Some parts of the country have been hit by heavy flooding recently.
Mr Edun said the Fund will be funded by a portion of the revenue accruing to the…
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