Nigeria agricultural insurance scheme (NAIS)
The need for a specialized Agricultural Insurance Company to provide insurance cover to farmers was informed by Government’s concern over the vacuum created due to the unwillingness of conventional Insurers to accept Agricultural risks, which they considered too risky. This led to the establishment of the Nigerian Agricultural Insurance Scheme on 15th of November 1987.The implementation of the Scheme was initially vested in the Nigerian Agricultural Insurance Company Limited, which was later incorporated in June, 1988 but later turned into a Corporation in 1993 by the enabling Act 37 of 1993. Nigerian Agricultural Insurance Corporation is therefore a wholly-owned Federal Government of Nigeria insurance company set up specifically to provide Agricultural risks insurance cover to Nigerian farmers.
Objectif global
To protect the Nigeria Farmer from the effects of natural hazards by introducing measures which shall insure an indemnity sufficient to keep the farmer in business
Objectifs spécifiques
To provide financial support to farmers for losses from natural hazards
To induce provision of credit to farmers
To promote agricultural production
To minimize/eliminate the need for government
To provide emergency assistance during periods of disasters
Pays
- Nigéria
Thèmes
- Agriculture & chaînes de valeurs
- Climat, changement climatique & adaptation
Cibles
- Agriculteurs vulnérables
Piliers AGIR
- Pilier 1 : Améliorer la protection sociale des communautés et ménages vulnérables pour une sécurisation de leurs moyens d'existence
- Pilier 4 : Renforcer la gouvernance de la sécurité alimentaire et nutritionnelle