The Impact Of ‘Boko Haram’ On Trade In North-East Nigeria 2009-2015
Loading...
Date
2018-04
Authors
Ribadu, Abubakar Bashir
Journal Title
Journal ISSN
Volume Title
Publisher
Universiti Sains Malaysia
Abstract
Terrorism has become a global phenomenon, which poses a threat to the development and continuous human existence. Nigeria’s North-East region (NE) has been ravaged by the “Boko Haram” (BH) terrorist activities over the past decade. This has persistently affected growth and development in the NE, particularly in terms of constant decline in taxes (government revenue) generated through trade and investments as well as import and export businesses. Therefore, due to the rise in the BH terrorist activities and the displacement of several thousands of inhabitants of the NE region, this study aims to firstly explore the nature of attacks and threats faced by investors in the NE by the BH terrorists. Secondly, this is also aimed at analyzing how the terrorist activities affect the local trade, as well as the import and export trade in the NE. While thirdly, to highlight the strategies by the Federal Government of Nigeria to overcome the BH terrorist activities. The study utilizes qualitative research method and uses content analysis exclusively. Meanwhile, the Frustration-Aggression theory is required to connect the root of BH and make suitable inferences that will portray a clear-cut comprehension of the scenario in the NE region. The researcher primarily employs Microsoft Excel as a tool to analyze and examine some sets of quantitative data collected through secondary sources and supplement them with sets of qualitative data. The results revealed that BH terrorist attacks have drastically affected the economy of both the NE region and Nigeria at large (in terms of negative revenue flow from trades and businesses tax); weakens investor confidence to invest in the NE region and further attributed to trade and business losses as well as closure of some ventures.
Description
Keywords
Terrorism has become a global phenomenon , Nigeria’s North-East region