The Role of Security on Economic Growth and Development in Nigeria
Conference: ISA 22nd Annual International Conference (2025)
Presenter(s): Obinna Chukwudi Okereafor
Tags: 2025 Abuja Nigeria Security and Civil Defense Corps Obinna Chukwudi Okereafor
Abstract
Insecurity over the years has been a source of concern for keen observers of the Nation’s security situation. Innovation, entrepreneurship and economic development cannot be fostered in an unstable nation with insecurity bursting at the seams. Of recent, the security situation of Nigeria has been called to question severally from political unrest, kidnapping, armed banditry, insurgency to incessant religious and terrorist groups making havoc on the Nation. Having at the center of this discourse is the role security architecture and its agents on the economic development and growth of the Nigerian nation. To what extent are they relevant and effective in curbing the excesses of securing threat and terrorist groups in Nigeria? How does a secure Nation bring about economic development? This paper looks at the role of security agents and their relevance and contribution to economic growth and development in Nigeria, especially the southern part of Nigeria which is the economic nerve center of the nation. We recommend that governments at all levels and key actors in policy formulation should adopt the culture of transparency such that funds allocated to the security sector are effectively utilized for equipping the security sector to meet 21st century standard and curb insecurity which would bring about greater entrepreneurial growth and economic development.
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