Boko Haram Insurgency And Economic Development In Nigeria

Since the dawn of this millennium, terrorism has been on a steady rise worldwide. In fact, terrorism, arguably, is the biggest threat to global peace and security in this era. In Nigeria, the dynamics and manifestation of Boko Haram insurgency have led to the death of thousands of Nigerians. The worst hit among the causalities and fatalities of the attacks by this group that is riding on the back of Islamic revivalism and fundamentalism is women and girls, particularly in north east Nigeria. However, the study aimed at identifying major impacts of Boko Haram insurgency on the Nigerian economic development. 

In carrying out this study, the paper employed documentary and qualitative method in generating data while Frustration aggression theory was adopted as framework of analysis. From the study it was discovered that Boko Haram insurgency impacted negatively on Nigeria’s economy through destruction of lives and properties, disruption of business, reduction in government revenue, fear of foreign investors to live and do business in Nigeria, among others.

The paper studies the causative factors and unravels the dominants causes of Boko Haram insurgency in Nigeria. Specifically, it also provides a better understanding of the growth and development of Boko Haram terrorists. It also shows the military measures adopted to curb this menace. Consequently, the paper recommends that, the government should focus on measures for engaging the large pool of idle youths that are easily lured into the nefarious activities of terrorism.