WORLD DEVELOPMENT REPORT MOOC ON RISK MANAGEMENT AND OPPORTUNITIES

1. ASSESSINGTHE IMPACT OFTHE 2012
FLOOD DISASTER INDUSTRIES
LOCATED IN ANAMBRA STATE NIGERIA

2. Overview
 In 2012, various states in Nigeria experienced
massive incidents of flooding.
 Anambra state located in South East Nigeria was
designated a Category A disaster area because very
significant damages occurred at both the
commercial and industrial nerve centres of the state-
Onitsha, Ogbaru and Anambra West Local
Government Areas.
 About 35 privately-owned manufacturing industries
were submerged and damaged by flood.
 A total of 5,000,000 naira was estimated as damages
and losses was accrued by small, medium and large
scale industries directly affected by the flood

3. Aftermath of the 2012 flood
disaster

4. Inter-linkages and
integrations as a result of
the flood

6. Lessons learnt from the
2012 flood disaster
 The 2012 flood disaster serves as a warning
that even non-coastal or land locked states
are not immune to flooding.
 It illustrates the extremely high cost of
disaster unpreparedness.
 it exposes the vulnerability of rural/urban
communities and key economic concerns
located along the banks of Niger River

7. Lessons learnt:
 Households should save part of their earnings to
prepare for future disasters.
 Households can share part of their risk by
insuring their properties, farms and jobs
 Enterprise should formalize their businesses to
enable them get basic compensation from
government
 Enterprises should be more flexible in terms of
labour , innovation and technology to enable
them cope better after a disaster
 Enterprises should insure their business for flood

8. Lessons learnt:
 It serves as a wake up call for Nigeria and
Anambra State in particular to that
unanticipated disasters happen.
 Contingency planning must be scaled up due
to climate change.
 A wakeup call for both Federal, State and
Local Governments to invest in disaster
reduction strategies to prevent future
reoccurrences of disasters of such magnitude.

9. Current concerns

11. Future risks and
uncertainty
 The likelihood of experiencing higher flood
risk and greater economic damage is certain
as long as climatic conditions continue to vary
or change rapidly.
 Different levels of government are yet to
issue mid/long term strategies that clarify the
role of individual firms and various
government ministries, agencies and
departments (MDAs) in mitigating future
disaster occurrence.