Agric Expert Advocates Easy Access To Loan Facilities To Farmers

09 March 2021 By Georgina Humphrey

An Agricultural expert, Mr. Tunji David has described lack of access to agricultural insurance services over the years to local farmers as unhealthy in the growth and development of the agricultural sector..

He stated this while featuring on “Perspectives” a Kapital FM Current Affairs Programme in Abuja.

While Speaking on the topic ” Protection of Farmers and National Food Security” Mr David who commended the government for making loans available to farmers added that more need to be done to protect the lives of farmers and insure their farms.
Mr David further explained that many states are yet to integrate extension services into agricultural insurance services also called for synergy between extension agents, Ministry of Agriculture and other related agencies to enhance food production in the country.

He said ordinarily extension agents must be able to provide information on insurance services to small lholder farmers for easy accessibility.

Mr David therefore advised State Governments to ensure prompt payment of their counterpart fund contributions for premium subsidies under agricultural insurance services to assist the federal government in providing timely funding to relevant stakeholders. 

Also contributing on the programme a Senior Business Development and Marketing officer with the FCT National Agricultural insurance corporation, Dr Elvis Anumudu advocated implementation of policies that would boost Agricultural activities to enhance food security in the country.

He advised small scale farmers to join farmers groups or cooperatives to enable them benefit from various government Interventions such as the Anchor borrowers programme.

Dr. Anumudu stressed that formation of associations or groups among farmers would give them the opportunity to have access to Information from government.

The guests therefore appealed for special consideration to farmers from both public and private sectors thereby granting them loans without demanding for high collateral as a way of increasing their income generation and food sufficiency for the Nation.

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