Over 40 Million Nigerian Farmers To Be Insured In New Partnership Against Flooding, Other Disasters.

A new partnership between the Nigerian Agricultural Insurance Corporation (NAIC) and All Farmers Association of Nigeria (AFAN) aim to insure over 40 million farmers across Nigeria against flooding and other disasters.

Over 40 Million Nigerian Farmers To Be Insured In New Partnership Against Flooding, Other Disasters.

This was according to the Managing Director of NAIC, Mrs Folashade Joseph, who said this during a meeting with All Farmers Association of Nigeria (AFAN) on Friday in Abuja.

The NIAC Official opined that the weight of loss incurred when farmers become victims of flooding and other disaster, made the partnership pertinent.

According to her, a scheme will devised to ensure low scale farmers are able to pay affordable premium.

She said, “AFAN is paying a visit to an establishment that has been marching alongside Nigerian farmers in their onerous duty of securing the nation from being decimated through hunger and malnutrition.

‘NAIC’s drive has consistently been that every Nigerian farmer deserves to be protected from the effects of weather and other natural hazards”.

“These hazards are mostly unpredictable and inescapable in the process of primary production of agricultural commodities”, She continued.

” It is noteworthy that the impact of these natural hazards on investment of these categories of farmers could be devastating to the point of driving such farmers into hopelessness and despondency”.

“It is important to state that the corporation is determined to make a special arrangement that will provide insurance cover for these categories of Nigerian farmers.

“This will be done under a special sub-scheme that will put smiles. on their faces all year round.”

The President of AFAN, Mr Kabiru Ibrahim, while also speaking, enjoined farmer to take insurance seriously.

He said farmers can benefit from insurance in times of losses. He also stated that farmers of some part in the country are recording losses due to flooding.

He said, “we are looking at agribusiness as a country and as such insurance is important.

” What this development will do to farmers is to give them the assurance that there is succour in the case of any form of loss.

“I want to assure you that AFAN is ready to partner with NAIC to make Nigeria a great nation”, he concluded.

Smart Olawale

Smart Olawale is a Journalist (writing for HSENations), Marketing & Communication Enthusiast, Digital Marketer, Speaker and Educationist.
He holds a B.Sc Degree in Mass Communication from the prestigious Olabisi Onabanjo University.
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