In a move to strengthen the insurance industry’s support for Nigeria’s agricultural sector, Lasaco Assurance Plc paid a strategic courtesy visit to the Honourable Minister of State for Agriculture and Food Security, Sen. Dr. Aliyu Sabi Abdullahi on Thursday, 3rd July 2025.
The event highlighted the company’s ongoing commitment to delivering insurance solutions tailored to the needs of farmers and cooperatives.
The Managing Director/CEO Mr. Razzaq Abiodun, and key executive team members, led the presentation of the company’s Cooperative Insurance Scheme, designed to provide farmers and agricultural cooperatives with reliable risk protection, financial security, and long-term sustainability.
During the meeting, he emphasized on its mission to deliver accessible, customer-centric insurance products that respond to the real challenges faced by everyday Nigerians, including those in the agricultural sector.
The Honourable Minister welcomed the initiative, recognizing its potential to complement government efforts in driving food security, rural development, and economic resilience.
The visit also served as an opportunity to explore public-private partnerships that could support the broader goals of agricultural transformation in Nigeria.
With over four decades of experience in delivering trusted insurance solutions,the underwriter continues to position itself as a key enabler of economic stability and protection for vulnerable communities.
This strategic courtesy visit is a reflection of the insurer’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.
As Lasaco Assurance Plc expands its footprint in the agric-insurance space, it remains dedicated to building solutions that empower individuals, strengthen cooperatives, and support the long-term growth of Nigeria’s agriculturalsector.
