The Nigerian economy today is currently in a state where the incidence of insecurity is on the rise and if nothing is done to change its trajectory, it will continue to pose a threat to the corporate existence of the nation.
For over a decade now, Nigeria has continued to witness a continuous increase in unprecedented series of agitations in the form of banditry, terrorism, armed robbery and kidnapping, farmers-herders clash, political based violence, unknown gunmen attacking local communities, militancy and ethnoreligious crises to mention a few. Although a lot of effort has been made in order to combat this evil menace that has plagued the Nigerian economy, these efforts however seem futile as the incidence of insecurity seems to be on the rise on a daily basis.
Root causes of insecurity in Nigeria
The economic crisis in Nigeria is witnessing today is borne out of a system influenced by bad or ineffective leadership and corruption. Ineffective leadership and Corruption takes many forms and has infiltrated deeply into most Nigerian political institutions and economic sectors.
Corruption and ineffective leadership have become the source of deprivation, frustration, poverty, and hunger to the poor majority of the Nigerian population. Most Economic challenges faced in the Nigerian economy today ranging from the deteriorating health and education sector, inadequate power supply; dilapidated roads, weak security system, poverty, unemployment and high-level illiteracy which birthed the current high level of insecurity to mention a few in Nigeria have all been birthed by the high level of corruption and ineffective leadership present in the Nigerian economy.
Furthermore, the absence of national unity in the Nigerian economy has been a major factor that has continued to fuel the high level of insecurity. Thus, the continuous increase in the rivalry in terms of ethnicity and religion forms one of the core problems of insecurity in the Nigerian economy.
The issue of Corruption and Ineffective leadership if well addressed will crop out most of the economic challenges aforementioned earlier that are present in the Nigerian economy. As such addressing the issue of corruption and ineffective leadership will lead to the development and implementation of sound policies, development strategies, and projects that will address the issue of poverty, unemployment weak security system as a result of inadequate funding to mention a few which constitute some of the root causes of insecurity.
National Unity: it is often said that united we stand divided we fall. Nigeria will never move forward if we continue to stay divided. If we must free Nigeria from the menace of insecurity, we must in the first instance see unity as a weapon and a tool to fight insecurity.
Nigerian citizens should begin to see themselves first as Nigerians before their ethnicity or religion. National unity will enhance how we choose and elect our leaders which is devoid of biases in terms of ethnicity and religion but rather enable us to make choices base on competency, patriotism, and the will to serve.