Nigerian Agricultural Insurance Corporation | |
---|---|
Abbreviation | NAIC |
Agency overview | |
Formed | 1987 |
Jurisdictional structure | |
Federal agency (Operations jurisdiction) | Nigeria |
Operations jurisdiction | Nigeria |
Legal jurisdiction | Nigerian Agricultural Insurance Corporation |
Governing body | President of Nigeria |
Constituting instrument |
|
General nature | |
Operational structure | |
Headquarters | Plot 590 Zone A O Central Area, Abuja, Nigeria |
Agency executive |
|
Website | |
https://naic.gov.ng/ |
Nigeria Agricultural Insurance Corporation is an agency of the Federal Republic of Nigeria under the Federal Ministry of Agriculture, and the sole insurance company set up specifically to provide agricultural risk insurance cover to Nigerian farmers. It operates under the leadership of Folashade Joseph, who serves as the current Director-General. [1] [2]
NAIC is an agency of the Federal Republic of Nigeria under the Ministry of Agriculture. It was established on 15 November 1987, incorporated in June 1988, and later turned into a corporation in 1993 by the enabling Act 37 of 1993. [3]
NAIC is the sole insurance company owned by the Federal government of Nigeria, it was set up specifically to provide agricultural risk insurance cover to Nigerian farmers. [4] [5]
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Leadway Group, also known as Leadway, is a non-banking financial services group of companies headquartered in Lagos, Nigeria. Its flagship company Leadway Assurance Company Ltd, was established in 1970, and has grown to become one of Nigeria's largest insurance firms, recognized for its significant market presence and comprehensive range of insurance products and services. Leadway provides a variety of insurance offerings, including commercial and personal property and casualty insurance, travel insurance, and life insurance.
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