Heifer Int. Nig in partnership with IFAD-VCDP Presents N100m to 3,110 farmers in Benue, Nasarawa


By Our Reporter
Heifer International- Nigeria (HIN) has presented over N100 million to 3,110 smallholder farmers in Benue and Nasarawa States as insurance payout to mitigate losses incurred from harvest due to poor weather conditions, pests and diseases among others.

The Country Director, HIN, Mr Rufus Idris, who disclosed this during the payout ceremony in Makurdi informed that a total of 4,358 hectares of farmland belonging to 4,354 smallholder rice farmers in Benue and Nasarawa States were insured during the 2021 wet farming.

He explained that out of the total number of 4,354 farmers whose farms were insured only 3,110 suffered losses, stressing that as such they are the only ones to be compensated.

Idris said that the Farmers Insurance Claim (FIM) payment was under its pay-at-harvest Area Yield Index Insurance (AYII).

“This project is a component of Heifer’s Naija Unlock Signature Program for Nigeria in a resolve to help farmers in collaboration with Olam, PULA, International Fund for Agricultural Development (IFAD)- Value Chain Development Programme (VCDP) and Leadway Assurance to increase resilience to climate change.

"Heifer International is a global nonprofit development organization on a mission to end hunger and poverty sustainably by working with farmers and their communities to unlock opportunities within the agricultural sector for improved incomes, food security and resilience,” Idris stressed.

He disclosed that the affected 3,110 smallholder rice farmers who suffered poor harvests have started receiving a total sum of N 111, 398, 895), starting from Thursday 9th June 2022 as insurance compensation claim to enable them recover their investments and refinance their insurance premium for another farming season.

Meanwhile, the State Coordinator for IFAD-VCDP in Benue State, Mr Emmanuel Igbaukum, appreciated the partnership between VCDP, PULA and OLAM reiterating the commitment of the Federal Government (FG) to supporting farmers production and securing harvest.

On his part Vice President of Olam for Farming Initiatives, Mr Reji George, disclosed that Olam was excited about the collaboration with Heifer International, PULA and VCDP. He said they will continue to support smallhold farmers

"We will remain committed to supporting the growth of smallholder farmers that we do business with as we contribute our quota to transforming Nigeria’s agricultural sector," George said.

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