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NAIC Insures ₦1.014tr in Agricultural Projects in Five Years

NAIC Insures ₦1.014tr in Agricultural Projects in Five Years The Nigerian Agricultural Insurance Corporation (NAIC) has provided insurance coverage worth ₦1.014 trillion to agricultural projects across Nigeria in the past five years. This level of insurance coverage underscores NAIC’s commitment to strengthen the nation’s agricultural sector...

NAIC Pays N1.7bn Claims To Farmers

NAIC Pays N1.7bn Claims To Farmers       The Nigerian Agricultural Insurance Corporation (NAIC) said it paid a total of N1.7 billion claims to over 5,000 farmers in the past two years. NAIC, which is the only federal government owned insurance company authorised to offer agric insurance services...

NAIC Shares Over N1bn To Farmers As Claims

NAIC Shares Over N1bn To Farmers As Claims The Nigerian Agricultural insurance corporation (NAIC) has disclosed that it has paid over N1billion as claims to farmers within the first half of this year. The Managing Director and Chief Executive Officer of NAIC, Mrs. Folashade Joseph disclosed...

Agric Insurance’ll Boost Financial Inclusion, NAIC CEO Says

Agric Insurance'll Boost Financial Inclusion, NAIC CEO Says The Managing Director/Chief Executive Officer, the Nigerian Agricultural Insurance Corporation, Mrs Folashade Joseph, has said that agricultural insurance will complement the efforts of the Federal Government on financial inclusion in the country. Joseph, who spoke to journalists at...

Farmers Receive NAIC N464m Claims In Q1

Farmers Receive NAIC N464m Claims In Q1 The Nigerian Agricultural Insurance Corporation has said it paid claims totalling N464m to its insured farmers across the country in the first quarter of 2019 financial period. In a statement, the Managing Director/Chief Executive Officer, NAIC, Mrs Folashade Joseph,...

Rice farmers lose N27.5b in Sokoto Over Flood

Rice farmers lose N27.5b in Sokoto Over Flood Rice farmers in Sokoto State on Thursday said they have lost an estimated 61,197.5 tonnes of rice valued at N27.5 billion due to flood this cropping season. Alhaji Ibrahim Salihu, the state Chairman of Rice Farmers Association of...