Boko Haram Insecurity and Its Effects on the Economic Activities of Yobe State 2012 –2019, Nigeria

Abstract

North-eastern part of Nigeria has been devilled with the Boko Haram insurgency for more than ten years now. The effects of this catastrophe are grievous indeed. Among them are the serious destructions of political, economic and social institutions. This paper examines the economic consequences of Boko Haram insurgency in Yobe state, one of the states devastated by the crisis. Analysis of economic potentialities of the state have been discussed with clear example pointed in the tables showing volume of production and supply of both cash and food crops economy before the outbreak of the crisis. But with the level of damage done to the state, economic activities come to suffer wanton collapse in all its fiber. Through fieldwork and data collected, indications on how the economic activities in the state deteriorated are shown in another tabular form so as to compare the state of economy before and after the insurgency. Among the findings of the paper include: food crisis, displacement of people, agricultural crisis, poverty and high rate of crime among others. Suggestions were made to alleviate the situation by encouraging government to look at the statistic and come up with alternative to the problem in order to curtail the situation.