THE SPECTRE OF TERRORISM AND NIGERIA’S INDUSTRIAL DEVELOPMENT: A MULTI-STAKEHOLDER IMPERATIVE
No Thumbnail Available
Date
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
Description
Since 2009, Nigeria has gradually slipped into a terrorist enclave where terror
acts have become the regular signature of the country’s social memoirs. Aside the
complex permutations of socio-economic and political upheavals already facing
the polity, the sudden emergence of a supercilious army of terror extremists has
not only exposed the polity’s unpreparedness for such an intimidating challenge,
but has also brought a spectral bite to industrial development. Efforts to achieve
development in industry in the country, a strong criterion for economic
development and the improvement of the country’s Human Development Indices
may continue to suffer setbacks in the face of a blistering climate of terror and
bombings. The effect of terrorist activities such as suicide bombings, kidnappings,
destruction of lives, public infrastructure, private and entrepreneurial
investments, the climate of fear, panic and confusion and a heated and
ungovernable polity has continued to make Nigeria an unsuitable bride for
foreign investments. This not only poses a threat to the budding democracy in
place, it also may endanger efforts to achieve industrial development in the
country. To face this challenge headlong, a multi-stakeholder imperative has
become inevitable. This research work investigated the role of government,
private sector, civil society, faith and the international community in fighting the
terror monster and providing the leeway for industrial development in the
country, without which the standard of living, employment opportunities and
other human development indices may maintain their downward trend outright.
Keywords
H Social Sciences (General), HM Sociology