Tuesday, March 2African Business News
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Tag: Farmers

Smallholder farmers still lack access to insurance

Smallholder farmers still lack access to insurance

Agriculture
A new study conducted by ActionAid Nigeria, to review farmers’ access to agricultural insurance services has revealed that smallholder women farmers have had extremely low access to insurance services in the last five years. This is against the backdrop of warnings by agricultural experts that Nigeria will be the highest hit by climate change if it doesn’t support agriculture, coupled with increasing flood episodes washing away farm land across the country. The report conducted between the periods of 2014 and 2018, also observed the low budgetary allocation and release to the Nigerian Agricultural Insurance Commission (NAIC). For instance, the report noted that of the N250million allocated to the Commission in 2014, only N100million was released; in 2015, N148million was budgeted...
Farmers in 11 states to get fertilizer at N4,500

Farmers in 11 states to get fertilizer at N4,500

Agriculture
As part of the COVID-19 palliative, about 50,000 farmers across 11 states will get two bags of fertilizer each at a subsidized rate of N4,500 against the current price of N8,000. The Federal Government in partnership with OCP Africa Fertilizer Limited unveiled the distribution of the subsidized NPK fertilizers for selected vulnerable farmers in Abia, Jigawa, Kaduna, Kano, Kebbi, Nasarawa, Niger, Ogun, Sokoto, Bauchi, and Kwara states. The Minister of State for Agriculture and Rural Development, Mustapha Shehuri, said this at the Karshi Market, Abuja. He said the Federal Government’s partnership with OCP Africa is part of the President’s determination to improve the local production of fertilizer in Nigeria, to enhance productivity and household incomes of the targe...