NAIC provides N1.01trn insurance cover to farmers

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The Nigerian Agricultural Insurance Corporation (NAIC) said it has provided cover worth ¦ 1.014 trillion to the agricultural sector in the last five years.

The Nigerian Agricultural Insurance Corporation said it has provided cover worth ¦ 1.014 trillion to the agricultural sector in the last five years.

She said the Corporation settled claims of about N3.08 billion, while it reached over 516,000 farming communities with its sensitizationJoseph said, “The Corporation therefore remains committed to its mission of enhancing agricultural productivity, thereby achieving food security and contributing to the overall growth and development of Nigeria.

She said NAIC was prepared to partner with the United Arab Emirates authorities especially in the adoption of cutting-edge technologies and innovative farming methods like hydroponics, vertical farming, and controlled environment agriculture.

 

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