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Promoting Access to Agriculture Insurance in Developing Countries

Created May 07 2019, 3:06 PM by Brendan Collins Snow
  • Insurance Policies

 

  • The challenges faced by developing countries especially  sub-saharan Africa like Nigeria includes;
    • Practical difficulties such as lack of statistical data, the diversity of Nigerian agriculture, the complexities and ambiguities of land tenure, the need for credit to pay premiums.
    • Secondly is the problem of  enough administrative personnel and the lack of adequate resources to finance insurance schemes or to reduce farming risks especially pests and diseases.
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