Terrorism and Businesses in North East: Implications for Economic Growth in Nigeria

Abstract

Since the beginning and escalation of terrorism, various sectors of the economy have been affected as a result of the negative peace and fatalities associated with the Boko Haram terrorism. The situation has caused rapid inflation and decline in the availability of basic human needs. Containing the threat and related displacements has been challenging to the state security providers, who are also affected by the Boko Haram activities. This study examines the implications of terrorism for business activities in North-eastern Nigeria.  Apart from direct attack on businesses, the activities of terrorists are inimical to economic growth. Consequently, most displaced people have continued to suffer malnutrition. This paper argues that timely containment of the terror is the only way to save the economy from total collapse. This requires the joint military task force to stop the terrorists from snatching vehicles loaded with foodstuffs on the highway, burning of villages and mounting of road blocks.

Keywords: Boko Haram, Businesses., Terrorism, northeast

Article Review Status: Published

Pages: 1-12 (Download PDF)

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