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Mon, Aug 7, 2023 3:00 PM

Nigerian Veterinary Medical Association Urges Livestock Farmers to Take Insurance Coverage

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Nigerian Veterinary Medical Association Urges Livestock Farmers to Take Insurance Coverage
The Nigerian Veterinary Medical Association (NVMA) has advised livestock farmers to take insurance coverage from the Nigerian Agricultural Insurance Corporation (NAIC) to regain their losses in the event of an outbreak of diseases. NAIC, a Federal Government insurance company, provides agricultural risks insurance cover for Nigerian farmers. The NVMA believes that insurance coverage is crucial for farmers since compensation is not readily available. They also suggested that the government should consider compensating farmers whose animals are unfit for consumption in abattoirs.

The Nigerian Veterinary Medical Association (NVMA) has urged livestock farmers to prioritize insurance coverage to protect their investments in the face of disease outbreaks. The association highlighted the importance of obtaining insurance coverage from the Nigerian Agricultural Insurance Corporation (NAIC), which is a specialized government-owned company established to provide insurance services for Nigerian farmers.

During an interview with the News Agency of Nigeria (NAN) in Abuja, Dr Olutoyin Adetuberu, National President of NVMA, and Ifeanyi Ogbu, Chairman of the FCT Chapter, emphasized the need for farmers to secure their farms against unforeseen risks. Ogbu expressed that due to the absence of compensation for affected farmers, it is essential for them to explore the services provided by NAIC.

In the past, compensation was provided based on the World Health Organization's (WHO) recommendation to burn and close affected farms during the Avian Influenza era. However, due to fraudulent claims, compensation was discontinued, underlining the significance of taking proactive measures such as agricultural insurance coverage.

Adetuberu reinforced the importance of such insurance coverage for livestock farmers, describing it as the only way to guarantee their earnings and investments. She also appealed to the Federal Government to consider implementing a compensation scheme for farmers whose animals are declared unfit for consumption in abattoirs.

One of the consequences of the lack of compensation is the refusal of farm owners to allow veterinarians to inspect their affected farms. This is a serious concern as it can lead farmers to sell unfit or deceased animals to the general public, posing health risks to consumers.

Despite the association's recommendation, some farmers find the insurance process cumbersome. Abdullahi Mohammed, a herder, expressed his preference for selling animals affected by diseases rather than exploring the services offered by NAIC. Mohammed believes that government compensation for affected farms, particularly in cases of diseases such as Anthrax, is essential in curtailing the spread of diseases. Such compensation would encourage farmers to promptly report any outbreak they encounter.

It is evident that insurance coverage plays a critical role in mitigating farming risks and protecting the livelihoods of farmers. With compensation schemes and adequate insurance coverage, farmers can receive the necessary support to restore their farms and continue their operations.

Source of content: OOO News 2023-08-07 News

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