Leadway Assurance’s Public-Private Partnerships Target 249,000 Farmers For Agric, Insurance Initiative

No less than 248,000 smallholder farmers from 8 states are expected to payment from climate-conscious cultivation solutions and security solutions, courtesy of Leadway Assurance’s public-private partnerships with the Presidential Food Systems Coordinating Unit (PFSCU), State governments and PULA Foundation.

The 8 states successful Nigeria whose farmers volition payment include: Borno, Enugu, Taraba, Ekiti, Kaduna, Nasarawa, Plateau and Jigawa States.

Through this partnership, participating authorities governments subsidise 50 per cent of the security premiums connected behalf of farmers, portion PULA/BAYER foundations screen the equilibrium via donor financing.

This operation ensures that farmers, galore of whom are highly susceptible to climate-related risks, tin present entree and spend extortion against shocks that proceed to endanger nutrient information crossed the country, specified arsenic droughts, floods, and pest outbreaks.

The inaugural is besides acceptable to beryllium amplified done the Harvesting Hope Caravan – a nationwide grassroots engagement roadshow crossed 4 geopolitical zones successful the country. While the caravan represents an important awareness-building engagement activity, it is lone 1 portion of a larger effort to empower farmers with innovative solutions, education, and applicable enactment to navigate the harsh realities of clime alteration and boost productivity.

Speaking of the partnership, the planetary caput of Agricultural Risk Solutions astatine Leadway Assurance, Ayoola Fatona, said, “ This concern is much than selling insurance; it is astir gathering a climate-smart cultivation scenery that is resilient, inclusive, and sustainable.

With PFSCU, PULA, and authorities governments, we are helping farmers unafraid their livelihoods, encouraging innovation, and safeguarding Nigeria’s nutrient systems for the future.”

Commenting further, the managing manager of Leadway Assurance, Gboyega Lesi

said, “At Leadway, we recognise the urgent request to fortify Nigeria’s cultivation scenery successful the look of clime change. Our relation goes beyond hazard transfer; we alteration farmers with knowledge, advisory services, and entree to solutions that marque them much resilient. This concern shows however public-private collaborations tin support livelihoods and physique lasting nutrient information for our country.”

The Harvesting Hope inaugural underscores the relation of security and advisory services arsenic catalysts for cultivation transformation. By embedding climate-conscious strategies into grassroots engagement, Leadway and its partners are charting a way toward a future-ready Nigerian cultivation strategy that supports farmers but besides empowers communities and fuels inclusive economical growth.