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    MarketForces Africa » MarketForces News » Flood Destroyed N7.8bn Properties in Bauchi – SEMA

    Flood Destroyed N7.8bn Properties in Bauchi – SEMA

    Julius AlagbeBy Julius AlagbeSeptember 9, 2024 News No Comments2 Mins Read
    Flood Destroyed N7.8bn Properties in Bauchi – SEMA
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    Flood Destroyed N7.8bn Properties in Bauchi – SEMA

    The Bauchi State Emergency Management Agency (SEMA), has said that more than N7.81 billion farmlands and properties were destroyed to flooding in 16 local government areas of the state.

    Mr Adamu Nayola, the Director, Planning, Research, and Statistics of the agency, stated this in an interview with the News Agency on Monday in Bauchi.

    Nayola attributed the devastating flood to heavy downpours in the last two months in the northern parts of the state.

    “The floods, which affected communities in 16 hard-hit local government areas, destroyed and damaged houses, farmlands, roads, electricity poles, and domestic animals.

    “This resulted in significant economic losses. Unfortunately, the disaster also claimed several lives with many others injured,” he said.

    He listed the affected areas to include Giade; Shira, Katagum, Gamawa, Zaki, Kirfi, Dambam, Alkaleri, Darazo, Itas Gadau, Toro, Bauchi, Misau, Jama’are, Warji and Ganjuwa.

    According to Nayola, the agency is distributing relief items to the affected communities, adding that the state government was working to assist the victims and mitigate flooding.

    While sympathising with the victims, Nayola urged the people in the flood prone areas to relocate to higher grounds to avert the disaster. #Flood Destroyed N7.8bn Properties in Bauchi – SEMA

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    Bauchi State SEMA
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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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