FG Needs Over $20b To Dreg Niger, Benue, Kaduna Rivers – HYPPADEC

Date:

May 19, 2023.

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Azonuchechi Chukwu.

Managing director, Hydroelectric Power Producing Areas Development Commission (HYPPADEC), Alhaji Abubakar Yelwa, has said the dredging of River Niger, River Benue, and River Kaduna to check perennial flooding in affected areas will cost over $20 billion.

He stated this on Thursday at the 2023 stakeholders meeting on flood mitigation and other related issues held in Ilorin, the Kwara State capital.

Yelwa said the clamour by Nigerians for the dredging of the affected rivers will be difficult for the federal government to handle without intervention from international donor agencies.

The HYPPADEC boss said the estimated cost for dredging of the rivers as at 1983 when the federal government asked for the cost was $2billion, adding that the cost had astronomically gone up over 10 times.

Yelwa, who was responding to suggestions from participants for the dredging as part of solutions to the annual flood disaster affecting riverine communities under the commission’s areas of focus, said the funding of the project was beyond the commission and the federal government.

“The dredging of River Niger or Benue, as the case may be, has always been repeatedly suggested in all the places we have visited. We have visited about five states including Kwara; almost all the states were asking for dredging.

“In 1983 when the former Shehu Shagari government asked for the cost of dredging of River Niger, Benue and Kaduna, a bill of $2billion was given. That was in 1983. You can imagine the scope now; even if the dollar had remained the same, the scope would have gone up 10 times. That is why it is difficult.

“It is not what HYPPADEC or the federal government can fund without making recourse to international organisations for intervention.

“And that is what we are working towards to mobilise international donor agencies for intervention”.

To mitigate 2023 flood prediction by the Nigerian Meteorological Agency, Yelwa said the commission would embark on an afforestation programme, adding that trees would be planted in five hectares of land in each of the five local government areas in Kwara North senatorial district, being a flood-prone area of the state.

Also speaking, one of the civil society organisations at the event, Global Hope for Women and Children Foundation (GLOWHWOC), called for a multi-sectoral approach towards mitigating floods in Kwara State.

Speaking through its team lead, Christy Abayomi-Oluwole, the organisation also said the rapid response team on flooding should be reviewed towards addressing challenges associated with flooding and their effects on dwellers of riverine areas.(www.naija247news.com).

Azonuchechi Chukwu
Azonuchechi Chukwuhttps://gravatar.com/azonuchechivchukwu
Azonuchechi Chukwu - Business Journalist at Naija247news.com Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at Naija247news.com. With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer Naija247news.com readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among Naija247news.com's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As Naija247news.com's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the Naija247news.com team.

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