FEATURED
No Losses For Farmers Who Take Insurance Cover – IFAD
Emmanuel Agwuncha, Programme Coordinator of International Fund for Agricultural Development (IFAD) in Anambra, says insurance guarantees farmers success and ability to expand in their endeavours.
It also gives the same guarantees to agricultural value chain actors, he says.
“I do not see any farmer failing if insurance is embraced.
“Insurance gives them the confidence to explore and expand their agricultural businesses at ease,.
He spoke on the side-lines of the on-going three-day Federal Government/IFAD Capacity Building Training Programme for Anambra, Ebonyi, Enugu and Ogun States Insurance Suppliers and Other Value Chain Actors.
He noted that insurance has the capacity to protect farmers from harsh climatic and negative tendencies.
The coordinator noted that over the years, farming businesses in Nigeria had been bedevilled by drought, flooding, fire outbreaks, destruction of farmlands by cattle and other pests among others.
According to him, all these years farmers and those within the processing and storage value chains are losing income.
“The need for insurance and learning how it works and processes involved remain very important at this moment for our farmers.
“After the training, I am returning to Anambra to ensure that farmers are taught and understand the importance of taking up insurance policies to cover them in times of losses.
“We, from Anambra in the training, have also scheduled a meeting with representatives of Nigerian Agricultural Insurance Corporation and the Commodity Alliance for Agricultural Forum to explore opportunities.
“IFAD Anambra wants to see how framers can take advantage of what insurance can offer them to ensure growth and expansion,’’ Agwuncha said.
He noted that with insurance, farmers and other actors in the agricultural value chain could invest, go home and have less worry.
“Again, if an agricultural stakeholder has an insurance policy, it is easier for such stakeholder to get loan from bank for expansion,’’ he added.
The over 60 participants drawn from the four states are currently undertaking the capacity building programme in Enugu.
The theme is: “Capacity Building/Technical Assistance Support to IFAD Value Chain Development Programme, Financial Suppliers and Other Value Chain Actors on Agriculture Insurance Processes for Smallholder Farmers .
Oshiomhole Backs Death Penalty for Kidnappers, Bandits in Edo
How China-Bound Businesswoman was Nabbed With 7.5kg Cocaine, ₦12.4bn Cannabis at Lagos Airport by NDLEA
How Operation KO S’AYE Delivers Major Blow to Kidnappers, Rescues Five Victims in Lagos-Ogun Forests
THE HIDDEN COST OF BEING A STUDENT, BY ANGEL EGHAREVBA OSARETIN
State Police: Ekweremadu’s Foresight, Tinubu’s Courage, Mbah’s Example
Oborevwori Hails Police’s Arrest Of Electric Cable Vandals
WHY NDC MAY NOT BE ON THE BALLOT IN 2027: FACTS NIGERIANS NEED TO KNOW, BY UFUOMA EGBE
NIPR, Stakeholders Say Leadership, Accountability Panacea to Nigeria’s Sustainable Development
THE “JAPA” TREND: ESCAPE OR SURVIVAL, BY OLUCHI IGBOMA
How Delta Police Arrested Two Electric Cable Vandals in Ibabu–Ugiliamai Road
IGP Launches ‘Operation Kosaye’ to Crush Kidnappers, Clear Lagos-Ogun Forests
Akpabio Hails Tinubu’s Reforms, Says Nigeria Already Changing Under His Leadership
COAS Appoints 2 GOCs, Reshuffles Others to Enhance Nigeria’s Military Effectiveness
Police Dismiss Report Linking Pastor to Orire Kidnap, Warn Against Fake News
