TERRORISM AND IT’S EFFECT TO THE SOCIO-ECONOMIC DEVELOPMENT OF SMALL SCALE INDUSTRY IN NIGERIA)

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TERRORISM AND IT’S EFFECT TO THE SOCIO-ECONOMIC DEVELOPMENT OF SMALL SCALE INDUSTRY IN NIGERIA)

 

ABSTRACT

 

The study compacts with the Terrorism And It’s Effect To The Socio-Economic Development Of Small Scale Industry In Nigeria. For this study, the use of primary data was applied to get first-hand information from residents of the state and the method of data collection as the questionnaire. Statistical tools were used to analyze the data collected part of which include frequency and percentages. Socioeconomic activities are the dependent variable while Boko Haram insurgency is the independent variable in this study. The result of the findings answers the first hypothesis to show that the government has responded positively in tackling the negative effects of Boko Haram insurgency on socioeconomic activities beyond 60% and also shows from tables 4.6, 4.7 and 4.8 that the government’s response has positively impacted the socioeconomic activities in the state by 85% with significant collaboration on the hand of civil society /NGO at 57%. The socioeconomic activities respond positively to combined efforts from stakeholders which then responds favorably development of Borno state. The negative impact of the Boko Haram insurgency on socioeconomic activities has more implications on education as depicted by 27.5% of the responses. This was reported to have critically brought a downturn in general performance of the educational institutions. Government must collaborate with stakeholders such that include traditional leaders, civil society organizations and NGOs to act proactively in mitigating the effects of the Boko Haram insurgency on socioeconomic activities in the state.

 

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