How to Insure Your Farm in Nigeria and Africa

Nigeria’s Agricultural Insurance Corporation (NAIC) currently insures over 500,000 farmers across all 36 states and the Federal Capital Territory, operating as the country’s sole government-established agricultural insurer since its formation in 1987 which is a genuinely different institutional model from the private and hybrid index insurance providers such as ACRE Africa, Pula Advisors, OKO, and others covered in the Agricultural Insurance Guide elsewhere in this series. This guide focuses specifically on Nigeria’s national agricultural insurance scheme in detail, alongside how this state-corporation model compares to…