Danfulani takes helm at NAIC, vows to enhance Agricultural insurance

NAIC MD/CEO, Mr Yazid Shehu Danfulani (right) in a handshake with another government dignitary during a reception organised to mark his official resumption of official in Abuja on Tuesday.

Stanley Ihedigbo

Newly appointed Managing Director/Chief Executive Officer of the Nigerian Agricultural Insurance Corporation (NAIC), Yazid Shehu Danfulani, has formally resumed office in Abuja.

Danfulani pledged to carry out reforms that would enhance inclusiveness in the agricultural sector, focusing on strengthening access to agricultural insurance, particularly in rural and underserved communities

Speaking to members of staff of the Corporation and journalists at a reception organised in his honour at the Corporation’s headquarters in Abuja, Mr. Danfulani highlighted his plans for the corporation, emphasizing the importance of access to insurance and finance, collaboration, sensitisation and protection of agro-allied projects against natural hazards.

He said the corporation will collaborate with all state governments and other stakeholders to enhance easy access to insurance for agricultural and agro-allied projects against natural catastrophes.

The NAIC boss expressed worries that many farmers lack awareness about the function of the Corporation, especially in providing insurance, stating that the corporation would carry out sensitization across the country to enlighten farmers on measures to access insurance.

According to him, “We will ensure collaboration from the Federal Government to the State Governments. Most of these farmers are not aware of what NAIC is all about. We are going to do a very comprehensive awareness. We are also going to provide more funds so that the farmers would benefit.”

“My immediate priority is to strengthen the effectiveness and efficiency of NAIC by ensuring our services are more accessible and are also beneficial to farmers in Nigeria. The agriculture sector possesses a lot of challenges due to climate change and other problems that may arise from our localities. We have already conducted the SWOT analysis on our corporation.”

Mr. Danfulani solicited the support of the staff of the corporation, urging them to be more innovative in tackling challenges in the nation’s agricultural sector, particularly climate change and access to finance.

He thanked President Bola Tinubu for allowing him to serve the nation and promised to carry out reforms that would enhance inclusiveness in the agricultural sector.

Mr. Danfulani was appointed MD/CEO of NAIC alongside two other executive directors – Mr. Abubakar Umar Jarengo (Executive Director, Operations) and Mr. Babafemi Ayandayo Rasheed (Executive Director, Admin and Finance) on May 21, 2025, by President Bola Tinubu for an initial term of four years.