Investment In Economy Will Help Defeat Insecurity

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Minister of budget and economic planning Atiku Abubakar Bagudu has said private sector investment in the Nigerian economy will help defeat insecurity in the

The minister also said there is an increasing interest in Nigeria and the nation’s economy. He said, “It is of no use if people are afraid of insecurity and they have run away and they are not willing to go back to their farms.”

He made the remarks yesterday at a press conference to round up the 29th Nigerian Economic Summit with the theme ‘Partway to Sustainable Economic Transformation and Inclusion. The 2-day summit was held in Abuja. Nigeria is faced with a multidimensional insecurity situation that has significantly affected the supply chain and caused high inflation due to terrorists’ attacks on farmers and their farmlands. At least 352 in Northern Nigeria, comprising 216 killed farmers and 136 kidnapped farmers were affected by insecurity in 2022 alone. The figure has risen since the beginning of this year when farming activities have been significantly dragged down.

 

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