NAIC urges livestock farmers to embrace insurance amid Anthrax threat

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The Nigerian Agricultural Insurance Corporation (NAIC) has issued a call to livestock farmers, urging them to consider obtaining agricultural insurance coverage as a safeguard against the impacts of the anthrax disease.

In a statement released in Lagos at the weekend, Mrs. Folashade Joseph, the Managing Director of NAIC, emphasized that their insurance offerings also extend to encompass emerging risks within the agricultural value chain.

Joseph expressed apprehension about the prevalence of anthrax disease and the detrimental consequences it inflicts on the income of livestock farmers.

She also highlighted the potential risk to fellow Nigerians who might inadvertently be affected by the disease, whilst extending her sympathies to livestock farmers who have been negatively impacted by the reported occurrences of anthrax disease in the country.

Highlighting the corporation’s responsibility, Joseph stressed that providing insurance solutions to mitigate agricultural hazards stands as one of its core mandates.

According to her, NAIC, which is fully owned by the Federal Government, aims to support farmers and agricultural enterprises in safeguarding their operations and livelihoods.

Joseph further directed the attention of farming communities and entrepreneurs to the imminent threat of floods across the nation, emphasizing the significance of adhering to best practices in addressing this challenge.

She emphasized that availing NAIC’s agricultural insurance coverage ensures a safety net for those who experience losses, enabling them to recover and prosper despite adversities.

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