Monday 21 July 2014

Nigeria: I'll Deploy ICT to Drive Agric Insurance - NAIC MD

An exclusive interview with the Managing Director of Nigerian Agricultural Insurance Corporation (NAIC), Bode Opadokun, identified challenges confronting the organisation, his new road map, top priorities and plans to turn around the fortunes of the only Federal Government owned agricultural insurance company which had become almost "moribund" prior to his assumption of office. Excerpts.
What were some of the problems you met on assuming office four months ago?
I will not call them problems. I will prefer to call them challenges. The challenges have to do with the level of performance of the organisation, when we look at the opportunities that really exist in the sector that we are practising. Yes, it is an insurance sector. We are established to focus more on agricultural insurance. When you look at our level of penetration, prior to my assumption of office, we are still scratching the ground. That really confirms that a lot of opportunities are still untapped. So what I can say is that we have not done as much as we ought to be doing, as at the time of assuming office. That is a major challenge.
Taken from All Africa

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