Terrorism Ethnic Religious Conflicts and Foreign Investments In Nigeria: 2007 – 2014

Abstract

The paper appraised the effect of isolated acts of terrorism and the spate of ethnic crises in Nigeria as it affects Foreign Direct Investment (FDI).

The major challenge is that Nigeria has been listed as one of the security risk countries.  While several reportage of the various media point of the fact that the outbreak of hostilities and the menace of Boko Haram insurgency have caused dislocation of local investors and other destroyed; the inflow of foreign Direct Investment in the country seem to be on the increase.  It is against this backdrop that this paper seeks to ascertain the effect of terrorism and ethnic crisis on trade and investment in Nigeria.  The researcher relied on the records of Foreign Direct Investment inflows over the years under study to determine the impact of terrorism and ethnic crises on the investment profile in Nigeria.  Findings showed that FDI for the period under review consistently increased instead of dwindling as reported by the media.