Ginger blight disease: PULA, Leadway, Heifer, AFEX pay farmers N110m insurance
“In a bid to support smallholder farmers affected by ginger blight disease in Kaduna State, Nigeria, PULA, Leadway Assurance, Heifer, and AFEX disbursed N110 million in insurance claims to 1,380 farmers. This payout, part of the 2023 Wet Season Insurance Claims Pay-out Ceremony in Abuja, aims to strengthen climate-resistant agriculture and enhance food security by mitigating losses due to pests, diseases, and climate change. The initiative underscores efforts to bolster farmers’ resilience and ensure sustainable food production amidst ongoing challenges in Nigeria’s agricultural sector. Source: BusinessDay
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In a bid to boost climate-resilient agriculture and food security, PULA, Leadway Assurance, Heifer, and AFEX disbursed N110 million in claims to 1,380 Kaduna State farmers affected by ginger blight disease. The payout, part of the 2023 Wet Season Insurance Claims Pay-out Ceremony in Abuja, underscores the importance of agricultural insurance in mitigating losses due to pests, diseases, and climate change. Heifer’s prefinancing of insurance premiums allows farmers to be insured during the season, with payments deferred until post-harvest, enhancing resilience in the face of agricultural risks. AFEX, a major player in Nigeria’s agricultural sector, leveraged insurance to protect investments across its farmer and processor network.
