This study “The Effect of Security Challenges” was carried out to look into the effect of the persistent security challenges in Nigeria. It aims to assess/ investigate/ evaluate the prevailing condition such as the Jos 2014 Bomb Blast and to look at the past situation and events. The population of 31 which was also used as sample size was drawn from Jos metropolis, 40 questionnaires was distributed and 31 was retuned, percentage and table were used for the understanding and interpretation of questionnaires. The major finding from the study as the researchers observed was that most of the respondent believed, Nigeria has lost so many investors due to insecurity and it is the duty of the Government to provide security to its citizens in other for its economy to grow. As a result the researchers recommended that the government should formulate and implement policies and programmes capable of addressing the insecurity in Nigeria such as poverty, unemployment etc. and also to enhance the quality of education in Nigeria.
Since the return of Nigeria to civil rule in 1999, security challenges have posed a serious threat to smooth governance reaching new height in 2013.
Security is a state of being or existence that is free from danger, fear, threat anxiety and uncertainty. Security transcends every facet of human endeavor. By implication security embraces the establishment of proactive and defensive measures to safe guard all persons, materials and information from every form of danger.
Nigeria security exists in two domain and these are the internal and external. The security of a country can be affected from within a considerable number of political, economic and social economy, intra and inter ethnic animosities, the issues of resource allocation, management of all act on the equilibrium of the nation economy.
The security challenges to the Nigeria from 2007 – 2013 have crippled the economy, loss of businesses, loss of business profit, lives and properties worth billions of Naira.
From 1990 – 2007 at the peak of militancy in Niger Delta, crude oil production which is the mainstay of the country went as low as 700,000 barons per dollar (bpd) against over 2 million bpd. These adversely affected Nigeria economies as the revenue accruable from oil dwindle.
The Jos crisis (in the north central) which started in 2001 – 2013 has also adversely affected the state economy. The revenue which is largely accrued from the taxes of individual business has witness the mass relocation of majority of the residence/people to another state which is more peaceful.
Kidnapping, ritual killing and armed robbery (2007-2013) that is more common in the south eastern part of the country has spread to other part of the country. This phenomenon is now regarded as the main security challenges confronting the nation. This has affected the economy of the eastern states which course many people to relocate to safer states.
In the north east, north central and north west, the Boko haram mayhem from 2009-2013 is one of the major concern of the Nigerian government. The notable attack carried out by the sect with constant loss of lives and billion naira worth of properties which includes; the Mogadishu Barrack bombing in Abuja December 2010, the police Headquarters bombing in Abuja in June 2011, the united nation bombing in Abuja in August 2011 and the various mass destruction of telecommunication in 2011-2012 in the north eastern Nigeria.
With all these security challenges in the country, has raised yet another critical question on the preparedness of the nation to attain desired vision 2020.
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