Nigerian States Back Agricultural Insurance Drive as ₦396 Million Reaches Small Farmers in Food Security Push
Uchechi Okporie
Apr 24, 2026
3 min read
Nigerian States Back Agricultural Insurance Drive as ₦396 Million Reaches Small Farmers in Food Security Push
Several state governments in Nigeria are intensifying calls for stronger agricultural insurance policies as concerns over food security, climate risks, and f
armer losses continue to grow. The renewed momentum comes as Leadway Assurance announced the disbursement of ₦396 million in claims to smallholder farmers, providing relief to thousands affected by crop failure, flooding, and other agricultural setbacks.
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Officials say expanding insurance coverage for farmers is critical to protecting rural livelihoods, stabilizing food production, and encouraging more investment in the agricultural sector.
Analysts note that many African farmers remain vulnerable to extreme weather and financial shocks, making insurance one of the key tools needed to strengthen resilience across the continent’s food systems.
The development is being seen as a positive step for Nigeria and a possible model for other African nations seeking to safeguard farmers while boosting agricultural growth.
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