The newly appointed Managing Director/Chief Executive Officer of the Nigerian Agricultural Insurance Corporation (NAIC), Mr. Yazid Shehu Danfulani, yesterday formally resumed office in Abuja, pledging to carry out reforms that would enhance inclusiveness in agricultural sector.
Speaking to members of staff of the Corporation and journalists at a reception organised in his honour at the Corporation’s headquarters in Abuja, Danfulani highlighted his plans for the Corporation, emphasising the importance for access to insurance, collaboration, sensitisation and access to finance to protect agro-allied projects against natural hazards.
He said the Corporation will collaborate with all states government and other stakeholders to enhance easy access to insurance for agricultural and agro-allied projects against natural catastrophes.
The NAIC boss expressed worries that many farmers lack awareness about the function of the Corporation, especially in providing insurance, stating that the Corporation would carry out sensitisation across the country to enlighten farmers on measures to access insurance.
“We will ensure collaboration from the Federal Government to the State Governments. Most of these farmers are not aware of what NAIC is all about. We are going to do a very comprehensive awareness. We are also going to provide more funds so that the farmers would benefit.
My immediate priority is to strengthen the effectiveness and efficiency of NAIC by ensuring our services are more accessible and are also beneficial to farmers in Nigeria. Agricultural sector possesses a lot of challenges due to climate change and other problems that may arise from our localities. We have already conducted the SWOT analysis on our Corporation.“
Danfulani solicited the support of the staff of the Corporation, urging them to be more innovative in tackling challenges in the nation’s agricultural sector, particularly climate change and access to finance. He thanked President Bola Tinubu for giving him the opportunity to serve the nation and promised to carry out reforms that would enhance inclusiveness in the agricultural sector.
Danfulani was appointed MD/CEO of NAIC alongside two other executive directors – Mr Abubakar Umar Jarengo (Executive Director, Operations) and Mr. Babafemi Ayandayo Rasheed (Executive Director, Admin and Finance) on May 21, 2025 by President Bola Tinubu for an initial term of four years.
