• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Sunday, July 6, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

IFAD advises farmers on insurance

The Matters Press by The Matters Press
November 27, 2021
Reading Time: 2 mins read
0
CIIN president tasks Insurance directors on manpower development

RELATED POSTS

Atiku’s mockery of Nigeria over Trump’s invitation to 5 African nation, a display of poor knowledge of global affairs

Nigeria’s new flood insurance policy laudable, needs quick application, says TMSG

Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen

Mr 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,’’ Agwuncha told the News Agency of Nigeria (NAN) in Enugu on Friday.

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.

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 and Stakeholders’’.

Tags: FarmersInsurance
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

Atiku’s mockery of Nigeria over Trump’s invitation to 5 African nation, a display of poor knowledge of global affairs

July 5, 2025
Veritas Kapital’s total assets hit N21.4bn
Economy/Technology

Nigeria’s new flood insurance policy laudable, needs quick application, says TMSG

July 4, 2025
Salvaging basic education from ruins of Boko Haram war in Borno
Economy/Technology

Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen

July 3, 2025
Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
Economy/Technology

Nasarawa showcases efficient use of fuel subsidy savings, exposes futility of Tinubu’s opposition’s mischief – TDF

July 1, 2025
Property owners besiege FCT office to pay ground rent
Economy/Technology

Transformational in FCT in line with Tinubu’s Renewed Hope agenda

June 30, 2025
China’s agricultural wholesale products prices continue to drop
Agriculture

Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus

June 29, 2025
Next Post
Courts will not stop elections – INEC

INEC regards media as partners in promoting, deepening democracy - Yabuku

Watches Are Yet Another Easy Way Rich People Make Their Money Into More Money

Recommended Stories

30th anniversary of Free zone holds, discusses challenges

30th anniversary of Free zone holds, discusses challenges

November 30, 2022
High Cost of living hits Rwandans

What consumer credit will do to Nigerians in 2024

January 4, 2024
SMEDAN to disburse N5.2m start-up grants to cooperatives

SMEDAN rewards top performing MFBs in loan recovery

November 1, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Atiku’s mockery of Nigeria over Trump’s invitation to 5 African nation, a display of poor knowledge of global affairs
  • Nigeria’s new flood insurance policy laudable, needs quick application, says TMSG
  • Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us