A new report reveals that the increasing cases of kidnapping in Abuja, Nigeria's capital city, have negatively affected the local economy. The report highlights the downturn in economic activities by 33% due to the prevailing atmosphere of insecurity. Residents are living in fear as the city experiences a surge in various crimes, indicating a rapid deterioration in the country's security situation. Thorough interviews were conducted with residents to understand their concerns about the escalating kidnapping cases and their economic consequences.
The rising cases of kidnapping in Abuja , Nigeria ’s capital city, has left an undesirable economic impact on residents, a new report has said., a research advisory firm, disclosed this in its report titled ‘Inside Nigeria ’s Hostage Capital: Unraveling the Economic Impact of Abuja ’s Kidnap Epidemic’, released on Thursday. The report explained that the current atmosphere of insecurity in Nigeria ’s capital has contributed to a downturn in economic activities by 33 per cent.
The rate of kidnap in Nigeria’s capital city in recent months has left residents afraid for their safety. SB Morgen’s report said Abuja has witnessed a significant surge in minor thefts, ‘One Chance’ robberies, armed robberies, and home break-ins, with the recent kidnap cases indicating a rapid deterioration in the country’s security situation. The research firm said it conducted thorough interviews with residents across various locations in Abuja, to understand their apprehensions regarding the escalating cases of kidnapping and the economic effect
Kidnapping Abuja Nigeria Economic Impact Insecurity Crime Security Situation
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