Lasaco offers insurance solutions to strengthen FG’s food security project

In a move to support the Federal Government’s food security agenda, Lasaco Assurance Plc has reaffirmed its commitment to the agricultural sector by offering innovative insurance solutions tailored to farmers and cooperatives across Nigeria.

During a courtesy visit to the honourable minister of State for Agriculture and Food Security, Aliyu Abdullahi, the company presented its Cooperative Insurance Scheme, a comprehensive plan aimed at protecting farmers from risks, promoting rural development, and enhancing economic resilience.

Razzaq Abiodun, managing director/CEO, who led the executive team of the Company to the visit in a presentation of its Cooperative Insurance Scheme, said it is designed to provide farmers and agricultural cooperatives with reliable risk protection, financial security, and long-term sustainability.

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“At Lasaco Assurance Plc, we are committed to providing insurance solutions that are accessible, customer-centric, and tailored to the real challenges faced by Nigerian farmers and cooperatives.”

“Our Cooperative Insurance Scheme is designed to offer reliable risk protection and financial security, ensuring long-term sustainability for those who feed the nation.”

He stated that with over four decades of experience, Lasaco remains focused on enabling economic stability and safeguarding the most vulnerable communities across Nigeria.”

Abdullahi in his remark welcomed the initiative, recognizing its potential to complement government efforts in driving food security, rural development, and economic resilience.

He said the visit also served as an opportunity to explore public-private partnerships that could support the broader goals of agricultural transformation in Nigeria.

This strategic courtesy visit is a reflection of Lasaco Assurance Plc’s forward-thinking approach, proactively aligning services with national priorities while keeping the interests of the customers at the core.

“This served as an act of commitment to bridging protection gaps, building trust at the grassroots, and supporting the future of agriculture in Nigeria.”