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Lasaco Partners with FG to Boost Agriculture, Food Security

Lasaco Assurance Plc is set to collaborate with the federal government to boost the agricultural sector and strengthen food security nationwide.

Lasaco Assurance management paid a strategic courtesy visit to Dr. Aliyu Sabi Abdullahi, Minister of State for Agriculture and Food Security, at the weekend, to smoothen relationships and discuss how to develop the agricultural sector and enhance food security in the country.

The meeting highlighted Lasaco Assurance Plc ongoing commitment to delivering insurance solutions tailored to the needs of farmers and cooperatives.

Razzaq Abiodun, Managing Director/CEO of Lasaco Assurance, and key executive team members, led the presentation of the Lasaco Assurance Plc Cooperative Insurance Scheme, designed to provide farmers and agricultural cooperatives with reliable risk protection, financial security, and long-term sustainability.

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

As Lasaco Assurance Plc expands its footprint in the agric-insurance space, it said, it remains dedicated to building solutions that empower individuals, strengthen cooperatives, and support the long-term growth of Nigeria’s agricultural sector.

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