{"id":355645,"date":"2026-05-27T03:07:30","date_gmt":"2026-05-27T02:07:30","guid":{"rendered":"https:\/\/www.thetidenewsonline.com\/?p=355645"},"modified":"2026-05-26T20:34:55","modified_gmt":"2026-05-26T19:34:55","slug":"insecurity-biggest-operational-challenge-confronting-businesses-survey","status":"publish","type":"post","link":"https:\/\/www.thetidenewsonline.com\/?p=355645","title":{"rendered":"Insecurity, Biggest Operational Challenge Confronting Businesses &#8230;&#8230;&#8230;..\u00a0 Survey\u00a0"},"content":{"rendered":"<div class=\"nH bkK\">\n<div class=\"nH\">\n<div class=\"nH ar4 z\">\n<div class=\"aeI\">\n<div class=\"AO\">\n<div id=\":3\" class=\"Tm aeJ cgjhk\">\n<div id=\":1\" class=\"aeF\">\n<div class=\"nH\">\n<div class=\"nH\" role=\"main\">\n<div class=\"nH g\">\n<div class=\"nH a98 iY\">\n<div class=\"nH\">\n<div class=\"aHU hx\">\n<div role=\"list\">\n<div class=\"h7 ie\" tabindex=\"-1\" role=\"listitem\" aria-expanded=\"true\">\n<div class=\"Bk\">\n<div class=\"G3 G2\">\n<div id=\"avWBGd-6\">\n<div id=\"avWBGd-7\">\n<div class=\"adn ads\" data-message-id=\"#msg-f:1866259371143758569\" data-legacy-message-id=\"19e649029bc482e9\">\n<div class=\"gs\">\n<div class=\"   \">\n<div id=\":rp\" class=\"ii gt\">\n<div id=\":ro\" class=\"a3s aiL \">\n<div id=\"avWBGd-23\">\n<div dir=\"auto\">\n<div dir=\"auto\">\n<div dir=\"auto\">Experts have said that without meaningful improvements in se\u00adcurity, infrastructure and policy coordination, economic reforms alone may not be sufficient to unlock broad-based private sec\u00adtor growth.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">They stressed that insecurity poses a particularly damaging threat because it affects both domestic and foreign investor perceptions of risk.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Foreign investors, they not\u00aded, often place security consid\u00aderations above macroeconomic indicators when making in\u00advestment decisions, especially in emerging markets.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">This followed the Central Bank of Nigeria\u2019s (CBN) latest Business Expecta\u00adtions Survey which showed Nigeria\u2019s fragile business environment has come under renewed strain as insecurity emerged as the single biggest operational chal\u00adlenge confronting firms across the country, overshadowing tax\u00adation, high borrowing costs and exchange rate volatility.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">The April 2026 survey, covering about 1,900 businesses nationwide, revealed that in\u00adsecurity scored 74.1 points on the index of operational con\u00adstraints, making it the high\u00adest-rated challenge affecting business operations and invest\u00adment decisions in the country.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">The development signals a major shift in corporate con\u00adcerns, especially in an economy where inflation, forex instability and policy uncertainty have his\u00adtorically dominated boardroom discussions.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Analysts said the rise of in\u00adsecurity above macroeconomic variables reflects growing anx\u00adiety among investors over the sustainability of operations, movement of goods, protection of assets and the overall cost of doing business.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">The report also highlighted high taxation and elevated in\u00adterest rates as major concerns for businesses, underlining the severe cost pressures facing firms amid lingering economic reforms, energy price adjust\u00adments and weak consumer purchasing power.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Despite these headwinds, the survey showed that businesses retained a modest level of opti\u00admism about the economy, with the overall confidence index standing at 3.9 points in April 2026.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">However, the figure reflected cautious optimism rather than strong business confidence, as many firms continue to grapple with rising operational expens\u00ades and declining profit margins.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Economic analysts said the survey paints a picture of an economy struggling to balance reform-driven adjustments with worsening structural deficien\u00adcies.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">According to the report, the emergence of insecurity as the leading operational challenge is not merely a reflection of rising crime statistics but an indication of weakening con\u00adfidence in Nigeria\u2019s operating environment.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">The survey findings come at a time when businesses are also contending with tighter financial conditions following sustained monetary tightening by the Central Bank of Nigeria aimed at controlling inflation and stabilising the naira.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Experts have said that without meaningful improvements in se\u00adcurity, infrastructure and policy coordination, economic reforms alone may not be sufficient to unlock broad-based private sec\u00adtor growth. They stressed that insecurity poses a particularly damaging threat because it affects both domestic and foreign investor perceptions of risk. Foreign investors, they not\u00aded, often place security consid\u00aderations above [&hellip;]<\/p>\n","protected":false},"author":67315,"featured_media":355691,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-355645","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/355645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/users\/67315"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=355645"}],"version-history":[{"count":1,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/355645\/revisions"}],"predecessor-version":[{"id":355703,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/355645\/revisions\/355703"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/media\/355691"}],"wp:attachment":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=355645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=355645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=355645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}