NAIC Leader Wins National Public Service Award, Highlighting Growth of Agricultural Risk Protection in Nigeria
Abuja, Nigeria — Early January 2026 — The Nigerian Agricultural Insurance Corporation (NAIC) continues to shine as a cornerstone of Nigeria’s agricultural resilience and economic stability, with its Managing Director, Hon. Yazeed Shehu Danfulani, recently honoured at the 2025 Nigeria Media Nite-Out Awards for excellence in Agricultural Risk Management and Rural Development.
The award — presented in Lagos before policymakers, industry leaders, and journalists — recognises NAIC’s growing impact in protecting farmers from the impacts of climate shocks, natural hazards, and investment risks in agriculture.
Transformative Leadership in Agricultural Insurance
Under Danfulani’s leadership, NAIC has strengthened its mandate to provide robust insurance solutions that protect crops, livestock and agribusiness investments — helping to boost confidence among farmers and agripreneurs nationwide. Its performance and renewed focus on operational excellence were cited as major reasons for this public service recognition.
This award further affirms NAIC’s evolving role in supporting Nigeria’s agriculture-for-development agenda, aligning institutional reforms with national efforts to expand productivity, attract agribusiness investment, and strengthen food security.
Expanding Agricultural Insurance Coverage and Impact
Though broader agricultural insurance statistics are still emerging this year, recent industry reports show that millions of smallholder farmers are now covered under agricultural insurance schemes in Nigeria — an indicator of rising financial protection against risks such as drought, floods, pests, and crop failure. These results complement NAIC’s core mission of mitigating risk for producers and investors in the sector.
As Nigeria intensifies its focus on transforming agriculture into a driver of economic growth and export competitiveness, NAIC’s expanding reach and improved service delivery underscore the importance of risk management tools in attracting youth engagement, rural investment, and private sector financing.
Why This Good News Matters
- Recognition of excellence: The award highlights NAIC’s leadership in agricultural risk protection.
- Enhanced confidence in agribusiness: Farmers gain reassurance through insurance protection that reduces climate and market risk.
- Alignment with national policy: Expanding agricultural insurance supports Nigeria’s broader economic goals — including food security, job creation, and rural development.
With this milestone, NAIC and its leadership continue to demonstrate that sound risk management is essential to unlocking the full potential of Nigeria’s agricultural economy — a sector that employs millions and fuels national prosperity.
