The effect of insurgency on socio-economic development of Nigeria (a case study of Kogi state)

Description

The effect of insurgency on socio-economic development of Nigeria (a case study of Kogi state).

Abstract

This study is on the effect of insurgency on the socio-economic development of Nigeria using Kogi State as a case study. The major objective of this project is to examine the major factors behind emerging security threats in Nigeria and the possible solution to insecurity in Nigeria.  The methodology adopted in gathering data was survey method, both the primary and secondary methods. The major instrument used to gather data from primary source is the questionnaire. From a population of 4,500,000 sample size of 400 respondents was selected using simple Taro Yamane formula. Findings revealed that insurgency is a threat to socio-economic development, it has a negative effect on the ratio of investment to GDP thus affecting the economic growth of the state and Nigeria at large. Insurgency reduces the overall wealth in a country since it can discourage businesses from operating in such a corrupt setting, leading to deaths and property destruction.  In view of the findings, it was recommended that there should be re-orientation to inculcate ethical values and reverence for life and human right and the need to co-exist irrespective of religious inclinations. wanton killings can never be a service to God. Nigeria’s government should strategize to create meaningful employment for the youths encapsulated in programmes that aim at addressing the endemic poverty in the Northeast in particular and the country in general.