The Managing Director of the Nigeria Agricultural Insurance Corporation (NAIC), Hon. Yazid Shehu Danfulani, has called on farmers, agribusiness owners, and stakeholders across the agricultural value chain to take advantage of agricultural insurance schemes designed to protect their investments and strengthen the nation’s agricultural sector.
Hon. Danfulani stated that the initiative is in line with the Renewed Hope Agenda of President Bola Ahmed Tinubu, which places significant emphasis on food security, agricultural development, economic diversification, and the empowerment of farmers as key drivers of national growth and prosperity.
According to the Managing Director, agriculture remains one of Nigeria’s most important economic sectors, employing millions of people and contributing substantially to national development. However, he noted that farmers continue to face numerous risks, including flooding, drought, pests, diseases, fire outbreaks, and other unforeseen disasters that can wipe out years of investment within a short period.
He explained that agricultural insurance serves as a critical safety mechanism that enables farmers to recover from losses, remain productive, and sustain their businesses even in the face of unexpected challenges.
“Are you a Nigerian farmer with an agricultural investment or business? NAIC has tailored insurance plans designed to help you recover from unforeseen disasters and protect your agricultural assets. We encourage all farmers to register for agricultural insurance and secure their investments for a more stable and prosperous future,” he said.
Hon. Danfulani further emphasized that under the Renewed Hope Agenda, strengthening the agricultural sector requires deliberate efforts to reduce the risks associated with farming and encourage greater participation in agricultural production. He noted that insurance protection provides farmers with the confidence needed to expand their operations and contribute meaningfully to the country’s food security objectives.
The NAIC boss reaffirmed the corporation’s commitment to supporting farmers through affordable and accessible insurance products covering crop production, livestock, fisheries, agricultural equipment, and other agribusiness activities.
He stressed that protecting farmers against risks is not only beneficial to individual producers but is also essential to achieving national food sufficiency, creating jobs, reducing poverty, and promoting sustainable economic growth.
Hon. Danfulani therefore urged farmers, cooperatives, agribusiness operators, and agricultural investors nationwide to enroll in NAIC’s insurance programmes and take proactive steps toward securing their investments.
“The Nigeria Agricultural Insurance Corporation remains committed to supporting Nigerian farmers and advancing the agricultural transformation goals of President Bola Ahmed Tinubu’s Renewed Hope Agenda. Together, we can build a resilient agricultural sector capable of feeding our nation and driving economic prosperity,” he added.
Source - https://www.vanguardngr.com
