In Nigeria, Farming risks management has been handled by Agricultural Development Programme (ADP) and Nigerian Agricultural Insurance Corporation (NAIC). The former provides information and inputs while the latter provides fund to alleviate the effect of risk prone factors to farming business.
Few commercial farmers are partnering with NAIC while the small holder that constitute majority of the farming population are non- responsive to insurance program. Agricultural Development project that ought to cater for the small holder farmers are limited by staff strength and fund. The farmers have resulted into consultation with their grouped to solving problems. Against the above background, University of Ilorin risk management education group organized a focus group discussion with the key informant of Fadama user association who produce rice. Fadama rice in Kwara State has served as contract farmers to Veetee an India NGO and presently to OLAM.
This paper examined the rice farmer’s production risk and their strategies for coping with the risks. Unforseening market risk which emanated after harvesting was solved during the discussions. A follow up to the discussion serves as the basis for this paper.
|Conference||2013 Extension Risk Management Education National Conference|