Boko Haram Insurgency: Aftermath Consequences on Small Scale Business in Adamawa State, Nigeria

Abstract

The study examined the aftermath consequences of Boko Haram insurgency on small scale business in Adamawa north senatorial district. Insurgency is a threat to socioeconomic development and national security of a nation. Insurgency discourages both local and foreign investors. People are not safe to invest or engage in other activities to sustain their lives due to pandemonium cause by the insecurity. Business activities can only thrive in a peaceful environment; the activities of Boko Haram in the north eastern Nigeria become a serious challenge to security and business activities. Boko Haram insurgency has repercussions on the lives of Nigerians especially people from Adamawa, Borno and Yobe State respectively. It affects them socially, politically, educationally and economically. Millions of people were displaced in Nigeria, Chad, Niger and Cameroon by the insurgents. The population of the study comprised small scale traders in Adamawa north senatorial district. Accidental sampling technique was employed in drawing the respondents from Mubi north, Mubi south and Maiha local governments in Adamawa north senatorial district. The study adopted qualitative technique of data collection where in-depth interview (IDI) was used as instrument of data collection. The data collected through in-depth interview was analyzed and transcribed. The study found that the affected communities found it difficult in their coping strategies especially those who engage in small scale business that were displaced by the insurgents and returned to their communities .The study recommends that government should improve the security situation in the affected communities with aim of providing peaceful environment for business activities to thrive. Federal, state governments, philanthropists and commercial banks should support small scale traders with soft loan with aim of improving business in the affected communities.