Browsing by Author "Fatima Adenike YUSUFF"

Now showing 1 - 1 of 1
  • No Thumbnail Available
    Item
    Political Instability and Socio-Economic Development in Nigeria
    (Lead City University, Ibadan, 2023-12) Fatima Adenike YUSUFF
    Nigeria is one of the developing countries with significant economic challenges such as high poverty rates, youth unemployment and high inflation. Added to this is political instability in which is becoming prevalent in most part of Nigeria. Political instability is multidimensional and caused by a lot of issues, a major factor in the escalation of conflict between the Fulani herdsmen and farmers in Nigeria. The aim of this study is to investigate the role of political instability on socioeconomic development in Nigeria. This study adopted a cross-sectional survey design. The survey method involved the use of structured questionnaire, which was designed to obtain data from respondents on the instrumentation of effect of political instability on socio-economic development in Nigeria, and the data was analysed with both descriptive and inferential statistical method. The results show that the Nigerian political environment is highly unstable in political terms and the Nigeria is not developing socioeconomically. The regression analysis also shows a positive, significant but weak effect of political instability on economic growth in Nigeria. The study therefore concluded that economic growth cannot take place in an atmosphere of instability. It was recommended that more attention needs to be paid towards the factors that cause instability in Nigeria with the aim of mitigating their impact on the country's development. Keywords: Conflict Management, Development, Economic growth, Insecurity, Political Instability Word Count: 229