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31 Mar 2018

JMSF Launches Feedlot/Finishing Training Accross Nigeria

In a bid to strengthen Cattle production and meat value chain in Nigeria, JMSF Agribusiness in collaboration with
Nigeria Institutes of Animal Science and Cattleman Feedlot Services conducted 5 days Intensive workshop on feedlot and Finishing.

The Workshop covers series of Training modules on feedlots management, Operations for small ruminants and Big cattle, Animal welfare and Investment opportunities.

The last day of the workshop was a practical demonstrations of feedlots operations like; Using weighing belt, feeding management, Age determination, and Investment opportunities.

According to Richard Ogundele, The CEO/MD JMSF Agribusiness; feedlot operations and management is an empowerment initiative targeted at improving meat value chain, Increase Investment and Job opportunities in Nigeria. and it also a critical steps in solving fulani herdsmen and farmers clashes, which has resulted to loss of lives
and properties across the country.

22 Oct 2015

Kogi launches online agric market for farmers

The Federal Government says it is planning to increase the number of farmers under insurance coverage from 500,000 to 3.8 million through the recently launched index-based agricultural insurance scheme.

Managing Director of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Aliyu Abdulhameed, said the organisation was partnering the Royal Exchange Assurance, the Nigerian Meteorological Agency (NIMET) and Cellulant for the development of a technology-driven Hybrid Index Insurance product that will include the area yield index, weather index and price index insurance.

Abdulhammed said that the four agencies would also develop insurance schemes to help end the persistent farmer-herder clashes, noting that the agency’s operations were anchored on five pillars.

“These are risk sharing facility pillar ($300 million), insurance pillar ($30 million), technical assistance pillar ($60 million), rating pillar ($10 million) and incentives pillar ($100 million),” he noted,” Abdulhameed who was speaking at a forum on insurance in Abuja said.

While stating that his organisation was not mandated to provide insurance services, Abdulhameed said that the organisation was concerned about developing effective agricultural insurance products for agricultural value chain players as well as providing a linkage between insurance products and agricultural loans.

“In our quest to build a viable and sustainable agro economy where smallholder farm yields are guaranteed, and projected incomes protected, NIRSAL, throughout 2017, worked with a consortium of underwriters (NAIC, Leadway, IGI, AXA Mansard) to develop the Area Yield Index Insurance (AYII) product,” he said.

The NIRSAL boss said with support from the National Insurance Commission (NAICOM), the insurance roadmap that covered risks such as disease, weather, natural disasters and several other external factors was launched, adding that over 25,000 smallholder farmers had subscribed to it since it was launched six months ago.

Commissioner for Insurance, Mohammed Kari, noted that the partnership between NAICOM and NIRSAL had been very successful, adding that product approval had been granted to five companies participating in the pilot scheme, with the number expected to grow to 20 in the future.