Lagos targets four million residents with $7.5m flood insurance scheme

Lagos State launches a new flood insurance scheme to protect 4 million residents in high-risk areas with payouts up to $7.5m per flood event.

The Briefing Africa

May 1, 2026 · 01:15 · 5 min read

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Lagos State launches a new flood insurance scheme to protect 4 million residents in high-risk areas with payouts up to $7.5m per flood event.

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