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Flood: Borno Loses N27bn In 9 Days

Francis Okoye by Francis Okoye
2 years ago
in Cover Stories, News
borno flood
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LEADERSHIP Friday can report that the nine-day flood that ravaged Maiduguri, the Borno State capital, caused a loss of about N27 billion.

It was gathered that Maiduguri, a centre for trading and agricultural products, traded over 3.2 billion daily. The submersion of over 70 per cent of Maiduguri city caused it to lose over N3 billion daily for nine days.

According to the president of the Borno Chamber of Commerce, Industries, Mines and Agriculture (BOCCIMA), Alhaji Ahmed Ashemi, apart from Lagos State, no other border city is used for trading on the African Continent like Maiduguri, bringing high income to the state and the zone.

He described Maiduguri as an essential trading station that once had many industrial activities. It is also the most populated area in the state and harbours many economic activities at the micro level, where a lot of small-scale trading is done.

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According to the BOCCIMA boss, Maiduguri accounts for about N3 billion in business transactions daily, with about N1.5 billion generated daily at the Monday market alone.

He said a conservative estimate of the flood disaster that destroyed so many businesses and the number of days lost in business so far due to the incident points to about N3 billion lost daily.

Meanwhile, as of Wednesday, the list of pledges and actual receipts of donations and support to the government of Borno State from corporate entities, state governments, state and National Assembly members, individuals, and non-governmental organisations totalled N21 billion.

This is in addition to food and non-food items donated by corporate organisations, Individuals, and Institutions, among others.

According to a statement issued about donations for the flood victims by the Senior Special Assistant (SSA ) on Social Media to Governor Babagana Zulum, Mr Abdulrahman Bundi, not all the donations have been credited to the Borno State Government.

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“Similarly, details of the redeemed pledges of donations and material support will be announced in due course,” Bundi said.

Some state governments that made donations are: Bauchi, N250m; Kebbi, N200m; Adamawa, N50m; Yobe State, N100m; Kano, N100m; Gombe, N100m; Taraba, N100m; Katsina, N100m.

Organisations and individuals who made donations include Aliko Dangote, N2bn (N1bn for NEMA); Aminu Dantata, N1.5b; Atiku Abubakar, N100m; Peter Obi, N50m; North East Dev Commission, N3bn; Nigerian Senate, N54.5m; House of Representatives, N100m; People’s Democratic Party (PDP), N25m; Borno House of Assembly, N60m;  Senator Ahmed Lawan, N50m; Hon Zainab Gimba, N25m; Ibrahim Abba Umar;

Sumaila Satumari, N20m; Hon Mallam Gana Kareto, N10m; Northern Senators Forum, N10m; Senator Barau Jibril, N10m; Hon Moh’d Abubakar Maifata, N50m; Southern Borno, N200m; Hon Zakariya Dikwa, N10m; Al-Amanah Aid, N1m; Hon Mohammed Imam, N50m; Maina Ma’aji Lawan, N10m; Ali Modu Sheriff,100m; Hon Dr Ali Bukar Dalori, N50m; Sen MT Monguno, N50m; Sen Kaka Shehu Lawan, N50m; Hon Aliyu Betara, N100m; Hon Abdulkadir Rahis, N25m; Hon Ibrahim Abuna, N25m

Hon Usman Zannah, N10m; Hon Engr Bukar Talb, 10m; Hon Yerima Lawan Kareto, N2m; Abdussalam Kachallah, N100m; Awari Usman Alkali, N20m; Eighteenth Engineering Company (EEC), N50m; Dan Nene Construction Company, N30m; and First Lady Oluremi Tinubu, N500m,  among other individuals and organisations.

 

 

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Francis Okoye

Francis Okoye

Francis Okoye is a Senior Correspondent with Leadership Newspaper, covering Borno State, with over a decade of experience reporting on counter-insurgency, conflict, climate change, and humanitarian affairs. He is a public commentator and counter-insurgency analyst, recognised for in-depth features and accurate, authoritative reporting on his beat.

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