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SECURITY CHALLENGES AND THE IMPLICATIONS ON BUSINESS SUSTAINABILITY IN NIGERIA
Nigeria is experiencing an alarming degree of insecurity which has increased the crime rate, terrorists’ attacks, kidnappings, incessant killings, looting, closing of existing businesses, discouraging of business investors and burning of infrastructures in different parts of the country, leaving severe consequences on the nation’s economy and business growth. It is against these challenges that this study seeks to examine the root causes of insecurity hindering business sustainability and possible solutions to leverage on to promote security and sustainable development in Nigeria. Data were generated via the internet, newspapers, newsletters, libraries and other documented materials pertinent to the study. Findings revealed that insecurity had a negative impact on economic growth and business sustainability in Nigeria. Consequently, it is recommended that the Nigerian government should consider the security issue as its priority agendum for national recovery, business growth and sustainability.
Keywords: Insecurity, Business Performance, Business Growth, Sustainability.