Saturday, November 29, 2025
26.4 C
Lagos

NAIC Paid N848m Claims to Farmers in 2020

Folashade Joseph

Managing Director/CEO

Nigerian Agricultural Insurance Corporation

The Nigerian Agricultural Insurance Corporation (NAIC) paid over N848 million as claims to its insured farmers in the 2020 business year.

Mrs. Folashade Joseph, Managing Director/CEO of NAIC, said the Corporation also paid N856 million in 2019 to its clients to cover losses incurred by them in the course of doing business.

Joseph enjoined agricultural investors and lending institutions to continue to partner NAIC to realize the food security agenda of President Muhammadu Buhari and the noble intentions of the Central Bank of Nigeria (CBN) under the leadership of Dr. Godwin Emefiele.

spot_img
spot_img
spot_img

Hot this week

NGX T+2 Settlement Cycle ‘Goes Live’ Event

L – R: Chinwendu Ekeh, Head, Operations & IT,...

Dangote Contracts Honeywell for Major Refinery Capacity Upgrade to 1.4m BPD

Dangote Group is pleased to announce that it has...

AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

L-R: Mr. Mike Eko – (Novus Agro Limited) Mr. Oluwatosin...

NNPC Declares ₦5.4tn Profit After Tax

NNPC Limited has announced its financial performance for the...

Stanbic IBTC Unveils Digital Lending Suite to Enhance Access to Credit

Stanbic IBTC Bank, a member of Standard Bank Group,...

Topics

Insurfeel Initiative, ARIAN Donate N12m Insurance Covers to Hawker, Four Others

L-R: National Chairman, AIICO Fieldforce/Senior Agency Manager, AIICO Insurance...

Custodian & Allied Insurance keen on Customer Satisfaction

Custodian & Allied Insurance (CAIL) is keen on developing...

NAIPE 10th Anniversary Conference Attracts 28 Corporate Sponsors

  ‎Twenty-eight organisations including insurance companies, insurance institutions, broking firm,...

Stanbic IBTC Bank Unveils Relief Measures for Customers

  Yinka Sanni CEO Stanbic IBTC Holdings Plc Stanbic IBTC Bank PLC, a...

Agricultural Productivity: NIRSAL Empowers over 2,000 Farmers in 4 States

NIRSAL's Ibrahim Suleiman taking the first Lecture in Owerri,...

Africa in the Digital Era – Hype or Reality? The Adebayo Adedeji Annual Lecture

Former Nigerian Minister for Communications Technology, Dr. Omobola Johnson,...

NCC to Parents: Guard Against Children’s Uncontrolled Exposure to Online Activities 

L-R: Dawn Dimowo, Manager, Government Affairs and Public Policy,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img