Business
ECOWAS Traders Condemns Insecurity In Nigeria
The Association of ECOWAS Trader Union during its first quarterly council meeting held in Lagos has condemned operatives of security agencies over the rise in the wave of bombing, armed robbery and hostage taking in Nigeria.
The Association President, Chief Isaiah Tapenu said inspite of the efforts of the Nigeria Police and other security agencies to stem the rising spate of criminal activities in the country, available reports indicate that the country is yet to witness appreciable drop in crime rate and suicide bombing for business operators (Nigerian and Non –Nigerians) over two years now, illegal extortion of money from motorists and other road users by the police, immigration officials, touting activities by hoodlums and armed robbery attacks, have also become pervasive, especially in urban areas in the country. Similarly it is observed that the conflict in the Northern region has continued unabated leading to religious and political killing and the use of deadly weapons by Boko Haram sect in the area.
Tapenu said it is observed from the beginning of last year that appreciable growth was yet to be witnessed in productivity because the environment for doing business continues to remain relatively hostile to investors. This is evident by the low purchasing power in the system, rising cost of products, poor infrastructures, especially acute shortage of power supply to industries and inadequate credit facilities and incentives among others, thereby distorting business activities in the country.
“These negative developments, coupled with the present epileptic energy and power supply to the industrial sector in the country is not frontally addressed,” he said.
It would be recalled that the Northern Region just after the general election that usher in President Goodluck Ebele Jonathan began to experienced various religion and political killing notable among such killings includes 50th independent day celebrations bombing and the Christmas day bombing at Abuja where thousand of people were killed.
Presently, the emergence of the Islamists Militant group- “Boko Haram” was a surprise to Nigerian’s due to the fact that militant in the Niger-Delta Region had embraced an amnesty offered by the Federal Government within this years, they have embarked on a bombing campaigns, that is almost on a daily bases, mostly in Maiduguri the Borno State capital, Kaduna and the Federal Capital Abuja.
In an exclusive interviewed with a notable security expert, pleaded anonymity said poor intelligence gathering and shoddy coordination among security operatives have been identified as major factors aiding the activities of the radical Islamic sect, Boko Haram in Borno State and other parts of Northern States.