Security and Business Operations in Nigeria: The Moderating Role of Politics

The Nigerian state is currently faced with multiple security threats. These threats include the prevalence of jihadism in the Northeastern part of the country, armed banditry and kidnapping in the Northwestern, Northcentral and Southwestern zones, insurrection in the Southeastern region, oil conflict in the Niger Delta, as well as armed robbery and ritual killings across the country. The criminal activities of terrorists, bandits and kidnappers have adversely affected Nigeria’s security landscape. Several thousands of lives have been lost and major sources of livelihood destroyed. Business activities have been crippled in several conflict spots. Many firms have relocated to new environments, while others have withdrawn their officials and representatives due to security threats and the challenges affecting key operations. Many farmers have also left their farmlands, leading to high rate of waste, losses and the looming threat of food insecurity (Faminu, 2019). Though insecurity affects every aspect of live, its impact on business operations represents the focus here