FG, CGIAR collaborate on evidence-based insurance devt for farmers
Federal Government and
Consultative Group for International Agricultural Research (CGIAR) recently
launched a roadmap for evidence-based insurance development for Nigeria’s
farmers.
Speaking at introduction the
roadmap in Abuja, Dr. Bukar Hassan, Permanent Secretary, Federal Ministry of
Agriculture and Rural Development, explained that the blueprint had become
necessary as part of an effort to ameliorate the problem of climate change on
the nation’s agricultural sector.
“Our agriculture is rain-fed
dependent as farmers rely hugely on the vagaries of weather and climate (onset,
cessation, intensity, amount and duration). Though it has been acknowledged
that climate change is a global phenomenon and a reality, its impact has been
devastating, as floods or draught can wipe out the entire harvest of farmers.
This was the case of our farmers in 2012 and as recently as 2017,” Dr. Hassan
said.
He noted that the roadmap would
strengthen Nigeria’s agricultural and give the required boost to the insurance
segment of the financial sector so that in addition to farmers’ resilience,
farmers can receive the necessary support and benefit handsomely from various
financial packages designed to assist them in their operations.
Dr. James Hansen, team leader of
the CGIAR at the event, who is also the flagship leader of the Climate Services
and Safety Nets and a senior research scientist at the International Research
Institutive for Climate and Society (IRI), Colombia University, US, said
climate posed significant risks to agricultural development, and by extension,
food security, poverty reduction and political stability.
“It threatens sustained economic
growth, especially in Nigeria, where agriculture contributes over 40 per cent
of the Gross Domestic Product (GDP). Over 70 per cent of the workforce is
engaged in agriculture-related activities, and millions residing in rural areas
depend on agriculture for their livelihood,” he said.
The CGIAR, through its research
programme on Climate Change, Agriculture and Food Security (CCAFS), is working
with the Federal Government and other agencies to mitigate the effects of
climate change in Nigeria.
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