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Agriculture

Animal Mart Enterprises Limited Lunches ‘Project Farm Across Borders’.

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Joel Ajayi

This initiative is a brainchild of our field extension team led by Miss Anosike Chinwendu Miracle. Under this initiative, the company intends to register 150 peasant farmers across the north-central state which includes the Federal Capital Territory, Abuja, Benue, Nassarawa, Plateau, Taraba, and Niger States. Small farms will be located and empowered with new hybrid seedlings, farm equipment, and machinery as well as training packages to help them improve their harvest.

Miss Anosike Chinwendu; our Lead Extension Officer stated that the pilot phase of this project will commence in Abuja where a total of 30 small farms will be documented and visited monthly by the extension team.

Training will include practical demonstration of new methods of planting, irrigation methods to promote off-season farming, recommendation of hybrid and improved seedlings, and use of modern technology, pieces of machinery, and equipment to improve farm yield. In order to curb post-harvest loss and exploitation from middlemen, she revealed that the farmers under this initiative will also partner with our company for the buy-back of products at the best market prices.

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Agriculture

PULA, Leadway Assurance Disburse ₦396 Million to Climate-Affected Farmers, Strengthen Food Security Efforts

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In a major intervention to shield smallholder farmers from climate shocks, agri-insurtech firm PULA has spearheaded the disbursement of ₦396,697,672 in insurance claims to over 40,000 farmers impacted during the 2025 wet season.

The payout, executed in partnership with Leadway Assurance and supported by the Presidential Food Systems Coordinating Unit (PFSCU), covered farmers across Taraba, Borno, Kaduna, and Plateau States who suffered climate-related losses.

The initiative was made possible in part by Bayer Foundation, whose $450,000 premium subsidy support in 2025 wet season helped lower the cost of insurance for thousands of vulnerable smallholders in 8 states, with 4 states receiving payouts. The Foundation is set to scale up its contribution to match the growing aspirations of state governments.

Speaking at the cheque presentation ceremony in Abuja during the 2025 Wet Season Insurance Claims Payout under the National Agribusiness Planning Mechanism (NAPM), PULA’s Nigeria Country Director, Dr. Michael Enahoro, said the initiative goes beyond compensation, insisting that it’s about securing Nigeria’s food systems.

“Our focus is not just on payouts but on increasing food production. We must continue to support farmers who work tirelessly under harsh conditions to feed the nation,” Dr. Enahoro said. He called for stronger policies that directly impact farmers and reaffirmed PULA’s commitment to expanding agricultural insurance as a tool for resilience.

PULA’s data-driven approach to climate risk was key to identifying affected farmers and triggering payments. The company worked with Leadway Assurance to underwrite the risk, while PFSCU aligned the program with the national food security agenda. State governments also supported grassroots enrollment.

Gboyega Lesi, MD/CEO of Leadway Assurance, described the payout as “a reinforcement of a safety net that protects the hard work of thousands of farmers,” adding that “through climate insurance, we ensure that a bad season does not translate into total loss of livelihood.” He commended PULA’s technology and field structure for making rapid, transparent payouts possible.

Ayoola Fatona, Global Head of Agric Solutions at Leadway Assurance, noted that the 2025 wet season brought significant climate variability and yield fluctuations. “The true value of insurance lies in claims payment, especially in challenging periods. Our data-driven partnership with PULA helped mitigate losses,” he said.

Looking ahead, PULA and Leadway Assurance plan to scale coverage to 73,000 farmers in the 2026 farming season, deepening penetration of climate insurance across Nigeria’s food-producing belts.

Commissioners from the beneficiary states commended PULA and Leadway Assurance for de-risking agriculture, restoring farmers’ confidence, and building a more resilient agricultural sector

State-by-state breakdown of claims facilitated by PULA:

  • Taraba State: ₦154,308,035
  • Borno State: ₦127,192,472
  • Kaduna State: ₦69,726,150
  • Plateau State: ₦45,471,015
    Total: ₦396.7 million.

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