Agric minister advocates stronger agricultural insurance
Naija News • 5d ago
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The Minister of State for Agriculture and Food Security, Sen. Dr. Aliyu Sabi Abdullahi, Tuesday advocated for the recapitalisation of the Nigeria Agricultural Insurance Corporation (NAIC) to boost farmer’s livelihood, achieve food sovereignty and ensure finance enabled agri food systems.
The minister stated this during a courtesy visit to the Minister of State for Finance, Dr. Doris Uzoka-Anite, at the Ministry of Finance office in Abuja.
Abdullahi stated that it would build the institutional capacity to offer more innovative, technology driven products that restores public trust and attract private sector investment.
He added that by strengthening its capital base, NAIC would expand insurance coverage to more smallholder farmers and mitigate risks associated with clima...