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Nigerian Agricultural Insurance eyes stronger market penetration

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The Nigerian Agricultural Insurance Corp. is looking to boost its market penetration and premium volume and has put in place plans to achieve these goals, The Guardian Nigeria reported.

The organization's chair Chioma Ohakim said the NAIC is currently completing arrangements to set up weather index insurance.

NAIC is also targeting better corporate governance, Ms. Ohakim said, adding that it plans to open regional offices in Lagos, Kano and Port Harcourt.

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