Lasaco Visits Agric Minister, Presents Insurance Scheme for Farmers 

Ebere Nwoji

The Managing Director/CEO  Lasaco Assurance Plc,  Mr. Razzaq Abiodun, recently led the management team of the company on a courtesy visit to the Minister of state for Agriculture and Food Security, Dr. Aliyu Sabi Abdullahi. 

Abiodun, said the purpose of the visit was to present the Lasaco Assurance Cooperative Insurance Scheme, designed to provide farmers and agricultural cooperatives with reliable risk protection, financial security, and long sustainability.

During the visit, Abiodun emphasised on the underwriting company’s mission to deliver accessible, customer-centric insurance products that respond to the real challenges faced by everyday Nigerians, including those in the agricultural sector.

He  said the visit would strengthen the insurance industry’s support for Nigeria’s agricultural sector.

According to him, the strategic visit to the  Agric Minister would  highlighted the firm’s ongoing commitment to delivering insurance solutions tailored to the needs of farmers and cooperatives.

The minister welcomed the initiative, recognising its potential to complement government efforts in driving food security, rural development, and economic resilience.

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

He said with over four decades of experience in delivering trusted insurance solutions, Lasaco Assurance  has continued to position itself as a key enabler of economic stability and protection for vulnerable communities.

“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.” 

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