A Review on the Security Challenges in Northern Nigeria and its Implications for Business Survival and Sustainable Development
IBRAHIM ABUBAKAR MIKUGI AND AZUBUIKE AHAM SAMUEL
Department of Business Administration and Management, Federal Polytechnic, Bida, Niger State
E-mail: tatafoundation@hotmail.com
ABSTRACT
Northern Nigeria amongst other regions has witnessed high level of insecurity with its resultant effect on business survival and sustainable development. This has made national security threat to be a major issue for the government and has prompted huge allocation of the national budget to security. Security just like other elements in the business environment enhances and optimizes business activities but insecurity hinders these activities and so it constitutes a threat to business organizations and their survivals. This paper examined the insecurity in Northern Nigeria and its implication for business survival and sustainable development. The sources and causes of insecurity were examined through the methodology of evaluation using secondary data. The researcher presented attacks by Boko Haram in Northern Nigeria from 2009 to 2013. The paper further examined the conceptual perspective of insecurity, Business survival and Sustainable development and as well the functional areas of business that are likely to be affected as s result of insecurity. Detail analysis of the way- out to curb the effect of insecurity on business and to enhance sustainable development in Nigeria was outlined. Issues raised include provision of good leadership, good governance and value re-orientation. The paper concludes that insecurity poses a great threat to business organizations and its survival; hence this menace may affect the realization of becoming the 20 most developed countries by the year 2020. Recommendations were given which include the need for government to be more proactive in security management, intelligence gathering and surveillance. Business Organizations should be socially responsible and individuals need to be security cautious.