BUSINESS

We cover all agric risks including kidnap-ransom—Leadway Assurance

&NewLine;<p class&equals;"wp-block-paragraph">To many&NewLine;Nigerians&comma; the time and season are not auspicious for agricultural business in&NewLine;view of the prevailing insecurity in bush and farmlands allegedly perpetrated&NewLine;by Fulani herdsmen and Boko Haram renegades&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Stories have&NewLine;been told over the years how farmers are either killed or kidnapped in various&NewLine;farm settlements&period; Chief Olu Falae’s kidnap in September 2015 at his farm in&NewLine;Akur&comma; Ondo State&comma; &nbsp&semi;remains an example&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">But Ayoola&NewLine;Fatona&comma; Head&comma; Agriculture and Micro Insurance of Leadway Assurance says there&NewLine;is nothing to worry about as the insurance company has covers for all risks in&NewLine;agricultural operations&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">He stated&NewLine;this on Friday&comma; August 16 at Wheatbaker Hotel&comma; Ikoyi&nbsp&semi; at a conference themed Using Crowdfunding&NewLine;platforms to invest in Agribusiness&colon; Managing Your Risk&comma; organized&nbsp&semi; by Leadway Assurance and supported by&NewLine;Agrecourse Integrated Services Ltd&comma; Farmcrowdy Ltd and Thrive Agric&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">He&NewLine;emphasized that Leadway covers all the risks in agriculture including&NewLine;retroactive policies&period; &OpenCurlyDoubleQuote;In poultry insurance&comma; Leadway is above board&period; For&NewLine;instance&comma; even when Leadway had all the opportunity to deny claims&comma; the company&NewLine;went ahead to pay claims to farmers when Kainji Dam was opened at the wrong&NewLine;time&comma; adding that the insurance company &OpenCurlyDoubleQuote;parades integrity&period;”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">&OpenCurlyDoubleQuote;There is&NewLine;kidnap and ransom insurance in Nigeria” He stated&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">He lamented&NewLine;the absence of reliable statistics from meteorological agency&comma; which he stated&comma;&NewLine;accounts&nbsp&semi; for the high risks occasioned&NewLine;by unexpected flooding and other natural hazards in the country’s agricultural&NewLine;setting&period; &OpenCurlyDoubleQuote;Weather forecast is very key in mitigating risk in agriculture&period;&NewLine;However&comma; Leadway provides the necessary covers for farmers to take advantage of”&NewLine;he told the audience made up of agricultural farmers&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Leadway&NewLine;Assurance is a foremost insurance service company with a reputation of&NewLine;honouring underwriting commitment<&sol;p>&NewLine;

Share This
Openlife Reporter

Recent Posts

26 Days After Oyo School Children, Teachers Were Kidnapped, Bandits Invade Kogi School, Gun Down VP, Abduct Students

26 Days After Oyo School Children OpenLife Nigeria reports that 26 days ago, students and…

16 hours ago

Unaffordable Cost Of Cooking Gas Returns Nigerian Households To FireWood Option

Unaffordable Cost Of Cooking Gas Returns Nigerian Households To FireWood Option   OpenLife Nigeria reports…

1 day ago

Peter Obi Draws Battle Line With Kenneth Okonkwo Over Alleged Defamation

Peter Obi Draws Battle Line With Kenneth Okonkwo Over Alleged Defamation     OpenLife Nigeria…

1 day ago

2027 Governorship Candidate Absent In Court To Answer Charges Over Alleged Cyberstalking

2027 Governorship Candidate Absent In Court To Answer Charges Over Alleged Cyberstalking   OpenLife Nigeria…

2 days ago

NCC Appoints Princess Oforitsenere Emiko as Interim Chairman of the Digital Bridge Institute Governing Board

NCC Appoints Princess Oforitsenere Emiko as Interim Chairman of the Digital Bridge Institute Governing Board…

2 days ago

World Cup Accredited Journalists Raise Alarm Over US Visa Denial

World Cup Accredited Journalists Raise Alarm Over US Visa Denial   OpenLife Nigeria reports that…

3 days ago

This website uses cookies.