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North East: Nigeria Loses $8.9bn

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Nigeria has lost infrastructure worth over $8.9 billion due to insurgency in the North-East, a new report by the United Nations Development Programme (UNDP) Nigeria has revealed.

The report also revealed that the conflict has resulted in mass displacement of people and loss of lives. The crisis has also pushed already vulnerable victims to dependency on humanitarian handouts. To this end, the UNDP revealed that it’s investing resources in providing urgent early recovery needs in affected communities.

“In building resilience, we direct our interventions at ensuring that elements that help build bridges between humanitarian, peace building and longer-term development efforts are in place,’’ the report read in part.

It also described the interventions as keys to reducing risks, preventing crises, avoiding major development setbacks and promoting human security.

 

The report noted that communal clashes is currently threatening national efforts to strengthen social cohesion and address insecurity. It pointed out that addressing the crisis would require efforts aimed at creating opportunities for greater employment and livelihoods, more equitable access to resources and better protection against economic and environmental shocks. Titled UNDP Nigeria Annual Report 2016, it sought for a comprehensive approach to peaceful settlement of disputes at both national and sub-national levels.

 

It quoted the UN Resident Coordinator, Mr Edward Kallon as saying that UN is the largest development agency with a mandate to eradicate poverty, reduce inequality and exclusion and support national efforts towards meeting the 2030 Agenda.

The report hinted that UN continued with their support aimed at strengthening the capacity of national institutions to enable them provide more efficient services to Nigerians throughout the year.

It disclosed that within the United Nations Development Assistance Framework (UNDAF) that the agency ensured that government institutions waxed strong and efficient while ensuring that resources are utilized prudently.

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