Federal Agencies
Federal Agencies

Nigerian Agricultural Insurance Corporation

NAIC

About

The Nigerian Agricultural Insurance Corporation is an agency of the Federal Republic of Nigeria under the Federal Ministry of Agriculture. It is the sole insurance company set up specifically to provide agricultural risk insurance cover to Nigerian farmers. The corporation operates under the leadership of Director-General Folashade Joseph and is headquartered in Abuja.

History

The agency was established on 15 November 1987 and incorporated in June 1988. It was later turned into a corporation in 1993 by the enabling Act 37 of 1993.

Source: Wikipedia: Nigerian Agricultural Insurance Corporation

Key Facts

Established

15 November 1987

Headquarters

Plot 590 Zone A O Central Area, Abuja, Nigeria

Director-General

Folashade Joseph

Jurisdiction

Federal Republic of Nigeria

Abbreviation

NAIC