Thursday, 28 January 2021

B Business

ECONOMIC EFFECT OF CLASHES IN NIGERIA: Nigeria has lost $13.7 billion within one year

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Former head of state, Gen Abdulsalami Abubakar has decried the economic effect of herdsmen and farmers clashes, saying Nigeria has lost $13.7 billion within one year.


He stated this at a one-day forum on farmer-herder relations in Nigeria in Minna, Niger State.

He said, the losses were recorded in the clashes in Benue, Kaduna, Plateau and Nasarawa states.

According to Abdulsalami, within the same period, statistics has shown that 2,500 people were killed while 62,000 were displaced in Kaduna, Benue and Plateau states.

Averagely, these four states lost up to half (47%) of their internally generated revenue, Abdulsalami declared.

General Abdulsalami said the recent crises in Plateau, Benue and other states which resulted in losses of lives, property, displacement of persons and families, untold hardships to communities and individuals affected, were, no doubt, threatening the fragile peace of the nation.


Economic growth and sustenance can only thrive in an atmosphere of peace.  

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