KOGI STATE

Faculty of Management Sciences

Journal of MANAGEMENT

ISSN: 3212 - 3122

Imoh Sunday Akpan; Augustine Gabriel Asuaiko; Martin Chigozie Nwaneri & Gabriel Ojemba Agbo

Abstract

The study sought to examine insecurity, foreign aid and Nigeria's economy 2007-2021. The focus is to examine the effect of insecurity and foreign aid on Nigeria economy in 2007-2021 and assess the impact of insecurity on Nigeria economy in 2007-2021. The study employed Ordinary Least Square (OLS) Regression model to test the hypotheses of the study. The study found out that there is a significant effect on insecurity and foreign aid on Nigeria economy in 2007-2021. The study concluded that there is a significant impact of insecurity on Nigeria economy in 2007-2021. The study recommended that government of Nigeria should ensure that policies are made to build and strengthen institutions so that aids given by donor agencies to stem down poverty and unemployment are not diverted or siphoned for personal aggrandizement. Foreign aids when attracted should be channeled to revenue generation projects that will increase the level of economic capital base and employment that assure steady economic growth and poverty reduction.

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Keywords

Insecurity, Foreign Aid, Sustainable Development and Nigeria's Economy

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