Olatunde Odunowo is a poultry farmer based in Abeokuta, Ogun State, who had invested over N500m into the business. As the practice in that line of business, he didn’t want to take risk, so, he approached an insurance company to indemnify
Agric Insurance market can generate $600m in Nigeria — Features — The Guardian Nigeria News – Nigeria and World News guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.
Nigeria’s agriculture insurance industry has the potential to produce a premium of over $US600million due to its approximately 70 million hectares of agricultural land and variety of agricultural markets. The deputy managing director/chief operating officer of African Reinsurance Corporation (Africa Re), Mr Ken Aghoghovbia, stated this at the 3rd Africa Re Agriculture Insurance Workshop for…