Nigerian Farmers

Food Security: AFAN, NAIC to insure 40m Nigerian farmers against flood, others

*Every Nigerian farmer deserves protection from effects of weather, other natural hazards, says Mrs. Folashade Joseph, NAIC’s MD

Emmanuel Akosile | ConsumerConnect

Towards protecting the farmers and ensuring sustained agricultural productions for food security across the country, the Nigerian Agricultural Insurance Corporation (NAIC) and All Farmers Association of Nigeria (AFAN) are partnering to insure over 40 million farmers.

Mrs. Folashade Joseph, Managing Director of NAIC, stated this at a meeting with AFAN Friday in Abuja, FCT.

According to Mrs. Joseph, the move has become necessary in view of losses incurred by farmers as a result of flooding and other forms of disasters in recent times, says agency report.

She said efforts were already being put in place to come up with a scheme that would ensure farmers, particularly smallholder farmers, were able to pay affordable premium.

The NAIC chief stated: “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.

“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.”

Part of NAIC’s effort at helping farmers to mitigate the effects of losses are the annual sensitisation programmes organised to discuss the importance of insurance, Mrs. Joseph noted.

According to her, the target of NAIC is to give effective insurance cover to at least 10 million farmers, majority of whom do not have access to credit.

The insurance cover will be such that the guarantee given by the corporation would secure them during disaster of any sort.

Joseph expressed pleasure for the opportunity to partner with AFAN to reach vulnerable small holder farmers whose investments were self-funded and vulnerable to the effects of nature and climate change.

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

Mrs. Joseph urged AFAN to help in putting a mechanism in place to reach out to members on the benefits of taking the NAIC Insurance cover for their investments.

Mr. Kabiru Ibrahim, President of AFAN, stated that it is time farmers took the issue of insurance seriously in view of its importance, particularly in times of losses.

Farmers in some parts of the country had begun to count their losses to flooding owing to the onset of rains, and the insurance of their produce will provide succour in times of disaster, Ibrahim noted.

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.”

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