Insecurity: Breaking the Barrier to Nigeria’s Economic Growth
As Nigeria marks 66 years of independence, insecurity remains one of the greatest barriers militating against sustainable economic growth and shared prosperity. In this edition of Business Morning on BusinessDay TV, our analysts unpack the deep economic toll of insecurity across agriculture, food inflation, critical infrastructure, and national productivity.
Despite security and defense consistently receiving the lion’s share of federal budget allocations year after year, questions remain on accountability, institutional bottlenecks, corruption, and the gap between defense expenditure and tangible security outcomes. Can Nigeria achieve sustained economic transformation while insecurity persists, or must economic inclusion and shared prosperity lead the way?
Watch the full analysis as we examine:
• The true economic cost of insecurity on GDP, food supply chains, and livelihoods
• Defense budget allocations: Tracking public spending and accountability
• Kinetic vs. non-kinetic strategies: Addressing ideology, youth recruitment, and poverty
• The transition to CNG, economic foundations, and whether prosperity is reaching everyday Nigerians
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