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Agro Insurance

Agro Insurance

CALL FOR CONTINUED BORDER CLOSURE INTENSIFIES AMID COVID-19

One year on, major stakeholders in agriculture have intensified the call for the continued closure of porous borders abused by smugglers for sabotaging the economy of the country. Before the closure of the land borders against free movement goods and persons from Nigeria’s neigbhouring countries, out of 184 countries importing rice from Thailand, Benin Republic […]Continue Reading
Agro Insurance

AGRI-INSURANCE: NIRSAL SHOULDERS RISKS OF OVER 37,000 FARMERS, PROVIDES COVER WORTH N6.5BN

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) under its Area Yield Index Insurance (AYII) has protected N6.5 billion in revenue of over 37,000 farmers in Nigeria. In addition to the insurance cover, NIRSAL paid out compensation of more than N121 million for farmers who incurred losses to pests and adverse climate conditions. […]Continue Reading
Agro Insurance

PROFESSIONALS LIST WAYS NIGERIAN FARMERS, AGRO-ENTREPRENEURS CAN AVOID FIRE OUTBREAKS

Agricultural scientists and researchers have called on farmers, agro-entrepreneurs and investors to take precautions against fire outbreaks on farms or storage facilities to prevent avoidable losses of crops and livestock. Cases of fire outbreaks in forests and on farms around the world have begun since the beginning of 2020, making it imperative for farmers and […]Continue Reading