Evidence-Based Insurance Development for Nigeria’s Farmers: Briefing paper for Nigerian Federal Ministry of Agriculture and Rural Development (FMARD)-CCAFS Knowledge-Sharing Workshop, London, 27-28 January 2015
Agricultural insurance has been a feature in Nigeria for over two decades. The Federal Government has plans to expand agricultural insurance in the Country as part of several initiatives under the Agricultural Transformation Agenda (ATA). The Government wishes to extend crop insurance to those farme...
| Autores principales: | , , |
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| Formato: | Brief |
| Lenguaje: | Inglés |
| Publicado: |
2015
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/68139 |
| _version_ | 1855536112344236032 |
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| author | Hellin, Jonathan Hansen, James W. Araba D |
| author_browse | Araba D Hansen, James W. Hellin, Jonathan |
| author_facet | Hellin, Jonathan Hansen, James W. Araba D |
| author_sort | Hellin, Jonathan |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Agricultural insurance has been a feature in Nigeria for over two decades. The Federal Government has plans to expand agricultural insurance in the Country as part of several initiatives under the Agricultural Transformation Agenda (ATA). The Government wishes to extend crop insurance to those farmers benefiting from fertilizer subsidies under the Growth Enhancement Support Scheme (GES). The Government also wishes to implement weather index insurance (parametric insurance) in selected parts of the country susceptible droughts and floods.
Experiences from index insurance initiatives worldwide provide important lessons for the development of crop index insurance in Nigeria. Experiences from India, Kenya, Rwanda, Ethiopia and Senegal suggest that there is demand for index insurance; that the bundling of insurance with key farm inputs e.g. improved seed and fertilizer, makes the insurance package more attractive to farmers; but that several challenges still to overcome, including data management, basis risk, logistical and client communication. CCAFS could play a role in working with the Federal Government to overcome some of these challenges. |
| format | Brief |
| id | CGSpace68139 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2015 |
| publishDateRange | 2015 |
| publishDateSort | 2015 |
| record_format | dspace |
| spelling | CGSpace681392024-01-09T09:50:48Z Evidence-Based Insurance Development for Nigeria’s Farmers: Briefing paper for Nigerian Federal Ministry of Agriculture and Rural Development (FMARD)-CCAFS Knowledge-Sharing Workshop, London, 27-28 January 2015 Hellin, Jonathan Hansen, James W. Araba D farmers insurance development workshops agriculture climate change food security Agricultural insurance has been a feature in Nigeria for over two decades. The Federal Government has plans to expand agricultural insurance in the Country as part of several initiatives under the Agricultural Transformation Agenda (ATA). The Government wishes to extend crop insurance to those farmers benefiting from fertilizer subsidies under the Growth Enhancement Support Scheme (GES). The Government also wishes to implement weather index insurance (parametric insurance) in selected parts of the country susceptible droughts and floods. Experiences from index insurance initiatives worldwide provide important lessons for the development of crop index insurance in Nigeria. Experiences from India, Kenya, Rwanda, Ethiopia and Senegal suggest that there is demand for index insurance; that the bundling of insurance with key farm inputs e.g. improved seed and fertilizer, makes the insurance package more attractive to farmers; but that several challenges still to overcome, including data management, basis risk, logistical and client communication. CCAFS could play a role in working with the Federal Government to overcome some of these challenges. 2015-09-15 2015-09-15T08:00:22Z 2015-09-15T08:00:22Z Brief https://hdl.handle.net/10568/68139 en Open Access application/pdf Hellin J, Hansen J, Araba D. 2015. Evidence-Based Insurance Development for Nigeria’s Farmers: Briefing paper for Nigerian Federal Ministry of Agriculture and Rural Development (FMARD)-CCAFS Knowledge-Sharing Workshop, London, 27-28 January 2015. CCAFS Brief. Copenhagen, Denmark: CGIAR Research Program on Climate Change, Agriculture and Food Security (CCAFS). |
| spellingShingle | farmers insurance development workshops agriculture climate change food security Hellin, Jonathan Hansen, James W. Araba D Evidence-Based Insurance Development for Nigeria’s Farmers: Briefing paper for Nigerian Federal Ministry of Agriculture and Rural Development (FMARD)-CCAFS Knowledge-Sharing Workshop, London, 27-28 January 2015 |
| title | Evidence-Based Insurance Development for Nigeria’s Farmers: Briefing paper for Nigerian Federal Ministry of Agriculture and Rural Development (FMARD)-CCAFS Knowledge-Sharing Workshop, London, 27-28 January 2015 |
| title_full | Evidence-Based Insurance Development for Nigeria’s Farmers: Briefing paper for Nigerian Federal Ministry of Agriculture and Rural Development (FMARD)-CCAFS Knowledge-Sharing Workshop, London, 27-28 January 2015 |
| title_fullStr | Evidence-Based Insurance Development for Nigeria’s Farmers: Briefing paper for Nigerian Federal Ministry of Agriculture and Rural Development (FMARD)-CCAFS Knowledge-Sharing Workshop, London, 27-28 January 2015 |
| title_full_unstemmed | Evidence-Based Insurance Development for Nigeria’s Farmers: Briefing paper for Nigerian Federal Ministry of Agriculture and Rural Development (FMARD)-CCAFS Knowledge-Sharing Workshop, London, 27-28 January 2015 |
| title_short | Evidence-Based Insurance Development for Nigeria’s Farmers: Briefing paper for Nigerian Federal Ministry of Agriculture and Rural Development (FMARD)-CCAFS Knowledge-Sharing Workshop, London, 27-28 January 2015 |
| title_sort | evidence based insurance development for nigeria s farmers briefing paper for nigerian federal ministry of agriculture and rural development fmard ccafs knowledge sharing workshop london 27 28 january 2015 |
| topic | farmers insurance development workshops agriculture climate change food security |
| url | https://hdl.handle.net/10568/68139 |
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