The Managing Director/Chief Executive Officer, the Nigerian Agricultural Insurance Corporation, Mrs Folashade Joseph, |
The Chief Executive
Officer (CEO) Nigerian Agricultural Insurance Corporation (NAIC) Mrs Folashade
Joseph has promised that all farmers across the nation would be properly trained
on using insurance covers as strategy to mitigating losses on farming and
maximization of profit in agribusiness.
Mrs. Joseph, at a training organised for farmers from
Nassarawa, Benue, Kwara, Kaduna and FCT held in Abuja, said that crops
producers have to be sensitized on the insurance strategy to reduce losses
usually encountered during flood and other unexpected mishap to farms or
cultivations saying all the local government leaders would be mobilized into
this awareness creation for the purpose of profit maximization in the face of
climate change challenges.
She said that to
sustain the sensitization of farmers on the benefit of farms insurance, NAIC was
ready to take the training down to every local government in the country,
working alongside the community leaders so as to ensure its effectiveness for
farmers to stay in business at the grassroots.
The Federal Ministry of Agriculture and Rural
Development (FMARD) director in charge of Agribusiness, Dr. Baye S. Bungwon
told foodfarmnews that emphasis is on
why farmers should take agric insurance
covers very seriously must be entrenched into farming so as to be able to have
a sustainable business that can still exist after any mishap through premium
and other compensations payment against vagaries of climate change like flood,
pest and diseases outbreak.
He admonished farmers
to spread the good news of injecting insurance cover into their agricultural
activities for profit maximization in the business adding that NAIC should not
relent in its gospel of awareness creation to rural farmers across the entire
nation.
On his part the
facilitator of the workshop Mr. Ogbu Innocent pointed out that it was important
for farmers to be aware of NAIC’s activities saying reports and notification
are expected to be made within the 72 hours of any mishap and outbreak for proper
confirmation for claim and record purposes.
He stressed that ‘’
with the 43 NAIC offices situated across the country farmers are not expected
to bear their losses alone. When a loss is promptly reported and assessed, payment
is made available within two weeks’’
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