Nigeria: Report - Persistent Insecurity Hurting Investment, Development

3 August 2020

Persistent insecurity in the north-east and some parts of the country poses a major threat to stability in Nigeria's macroeconomic and socio-political environment, analysts have warned.

Analysts at Afrinvest West Africa Limited gave the warning in their latest macroeconomic report, pointed out that a climate of instability reduces confidence in the economy, leading to slower investment and development outcomes in areas affected. It noted that northern Nigeria has been the region most susceptible to the risk of insecurity, with this having disproportionate impact on development given the high incidence of poverty in the region.

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