Insecurity in Nigeria: Challenges and Implementation of Sustainable Development of the Economy
DOI:
https://doi.org/10.66811/eijrihs.vol1.no3.45Keywords:
Insecurity in Nigeria, Challenges, Implementation, Sustainable Economy DevelopmentAbstract
The issue of insecurity across the globe especially the third world nations can’t be overemphasized due to the fact that it has become a menace to the development of nation’s economy. It therefore becomes a necessity for nations to implement policies that will enhance economy development in the midst of the various challenges posed by insecurity. This study examined insecurity: challenges and implementation of sustainable development of the economy. The purpose of the study was to evaluate the challenges of insecurity in Nigeria and to examine sustainable economic development through effective implementations of policies. The study sample consisted of 502 respondents selected through a simple random probability sampling. Questionnaires were used to obtained data for the study through an online survey tool. The obtained data were analyzed through Multiple Linear Regression Analysis with the aid of Statistical Tool for Social Sciences. The findings of the study revealed that insecurity challenges influenced the economy development of Nigeria and also sustainable economic development in the midst of challenges of insecurity can be achieved when effective policies are formulated and implemented. The study recommends that the issue of insecurity should be taken seriously by both the government and the citizens to achieve sustainable economic development. Additionally, the government should formulate and implement workable policies that will guide against insecurity as well as boost the contributions of various sectors towards the country’s economic development. Finally, the government should utilize intelligence network that will deal with the failure of various security clusters and militants groups.
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