Saturday, July 6, 2013

The financial and economic implication of violence and terrorism in Nigeria - Halima

local News
The economic implications of the growing charge of abuse and terrorism in Nigeria can be assessed from various perspectives. The price of diversion of house and national output are immediately affected while you can find long run indirect charge of confronting and curbing the menace. To not be neglected could be the individual charge, the amount of lives wasted in the process.

The task of preventing violent crimes and terrorism has actually been very expensive. Just in 2010, the us government is paying a whale of total on defence and security. Much sum in comparison to expenditures on different critical industries of the society. The price of tackling terrorism in Nigeria also plunges us greater to the mire of poverty and political destabilization, cankerworms which can be themselves, already consuming up the nation's great money and substance resources. In the bid of proffering a feasible indicates by which they could be terminated.

It is saddening to understand that the recent state of uncertainty in the united kingdom is occurring at the same time when all of the important industries in the united kingdom have become moribund. What is even more saddening is that battle against horror is slowly affecting the transfer and tourism industries which are important international trade earners, duty revenue turbines, organization opportunities for growing entrepreneurs and sources of employment.

Domestically, the fight terrorism has triggered a hold down on the most popular “Okada” organization in claims like Borno and Yobe, ultimately causing the bar of the business enterprise in some parts of the these states. Secondly, interstate vacation for organization and alternative activities has been ridiculously affected. Indigenes of southern claims of the country are becoming more scared to see the north and vice versa.
Internationally, Nigerians are increasingly being treated with good suspicion. It is my opinion that the recent repatriation of some Nigerians by the South African-american and English governments might not be unrelated to activities occurring in Nigeria. To top it all, foreigners are finding it difficult to see Nigeria. A nation once believed to be “Huge of Africa”, and one of the very vivid nations in the world. Associated with maybe not farfetched, no “Oyibo” desires to be kidnapped, neither do they would like to be found 1 day in the center of a crossfire between terrorist gangs and safety agents in the accommodations or while sightseeing.

With the state of the state now, one might not be regarded as fully improper to say that terrorism and violent crimes have provided Nigeria and Nigerians more poor labels in four years than crime has done in the 51 years of nationhood.
While we might continue to count the implications of the terrorism and violent crimes on our culture and our economy, it is also essential for us to begin to plot a new vista for our nation. Correct, failure of the government to behave in techniques increase community assurance on such dilemmas have already been showing, coupled with this, our bodies appears to be giving these destroyers of our culture with an increase of factors to perpetrate their dastardly functions – the higher level of crime in high and reduced places, the upsurge in unemployment among a majority of the nation's childhood, bulk illiteracy-cum-ignorance and the hypocrisy of some conventional, political and religious leaders.

However, it is time for something to be performed, and we must think that it will. It may only take some time. A popular find word “it starts with you”, and I challenge say it starts with us. First, we must be described as a nation of positive thinkers and forward lookers such as the Americans who despite continuous political, organic, economic and security problems have maintained to keep their brains above the water.
We ought to exhibit such reliance and perseverance by praying for the country. Subsequently, spiritual leaders should figure out how to desist from teachings that inspire severe spiritual extremism and fundamentalism.
In addition, the us government should stop talking in loud hues, showing people that some people are responsible for the funding of enemy teams in the united kingdom, however being struggling to fine anyone or firm culpable for such act.

More over, security operatives must look into that, the time and energy to unlearn the act of reducing their strength on the altar of greed and learn the exercise of selfless service to individuals as enriched in the theory of patriotism. They ought to stop bothering simple Nigerians whom they are said to be defending on the highway as the bad eggs continue to wander about cot-free.

Efficient and efficient legitimate equipment must also be set in position to make sure that perpetrators of such severe functions against the sovereignty of our nation are decisively worked with.
Lastly, governments at all levels must guarantee they take part in progress concentrated tasks that will help alleviate the pains of the teeming mass Nigerians. It is just whenever we all work together and the us government performs for individuals with social progress in your mind, that we might be able to obtain peace and the resuscitation of our badly terrorism-damaged economy.
Compiled by
Halima Abubakar Aliyu
Team of Mass Connection
College of Maiduguri.

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Company Profile for UPDC Real Estate Investment Trust/Nigeria (UPDC)

UPDC Real Estate Investment Trust/Nigeria is a Real estate investment trust (REIT) which invests at least 75% of its assets directly in quality real estate (land and/or properties) in strategic locations across Nigeria.

Contact Information

UPDC Real Estate Investment Trust/Nigeria

UAC House, 7th Floor
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Larry Ephraim EttahChairmanHakeem Bamidele OgunniranManaging Director
Folasade Oluwatoyin OgundeExecutive DirectorGodwin Abimbola SamuelSecretary

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