A professor of Economics at Godfrey Okoye University, Enugu State, Felix Onah, said security in Nigeria had affected the cost of production, the level of foreign investment and prevented companies from planning for the future.
He also noted that the lack of constant electricity and other social amenities increased the cost of production and affected the profit margin of companies. He, therefore, called for the tackling of security challenges in the country through the implementation of state policing. He added that the situation had led to the exit of both large, small and medium scale enterprises in places worst hit.
It affects everything in the country...most especially our image as a nation.
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