Veritas Kapital Assurance has assured it will not waste time to compensate farmers in Sokoto after taking inventory and assessment of the level of damage following a flood disaster.
The firm maintained that being at the front burner in driving the federal government food security and sufficiency agenda through its services for the growth of agricultural production, it takes claim settlement seriously.
The assurances came on Tuesday in Sokoto from Managing Director of VKA, Mr. Kenneth Egbaran
Egbaran made the disclosures at an interactive session with representatives of various farmers groups affected by flood in the state.
According to the MD, all those affected would be settled soon after the rainy season.
“Farmers affected by the flood disaster in the state would be restored in good time,” he stressed.
Egbaran explained further: “We take claim of settlement very seriously. That is why we are here despite the Corona Virus challenges.
“We are committed to ensuring your losses are restored in good time. We will take you back to your previous position,” he reassured them.”
Though, the Managing Director who along with his team, visited some of the flooded farmland at Kwalkwalawa area in Wamakko local government area of the state, he did not specify the number of affected farmers and farmlands destroyed by the flood.
He disclosed VKA consultants were already on the field to take inventory and assess the level of damage done to each of the farmers by the flood.
Chairman of Rice Farmers Association of Nigeria (RIFAN) Salihu Ibrahim said no fewer than 80 percent of their members were affected by the flood.
He described Egbaran’s visit to the state as a booster and source of hope in relieving them of the emotional concerns over the losses.
” Is a good step in the right direction and time by the VKA’s MD. This is the first of it kind ever paid to them by their insurance companies. We are glad and confident with the assurances given,” he acknowledged.