A renowned economist, Prof Pat Utomi has said the current security challenges will bring multiple problems to the country unless they are tackled head-on.
He predicted a gloomy future for Nigeria in the face of the country's current insecurity, stressing it could have adverse effects on employment, food security, and other socio-economic aspects.
Utomi said this in an interview with The Sun News Online on Thursday.
"It is very sad in many dimensions. There is the immediate dimension of the loss of life, the grave mental stress that it causes citizens because the aspect of not knowing what will happen the next minute is probably a fate as bad as dying, but it has manifested in the form of challenge to food security in the country."
"Many people cannot freely go to their farms and it means that food inflation which has gone over 20 percent is not a surprise. It means that raw material input into manufacturing would be affected, which means that more people could be laid off from their jobs. Where we already have 43 percent rate of unemployment, and youth unemployment above 45 percent," Utomi lamented.
The Economics expert also said that the insecurity in Nigeria can be completely prevented, but lamented that our crop of politicians is too self-centered to the plight of the masses.
He said the nation's capital, Abuja might be hijacked by the Boko Haram terrorists as the security challenges growing unchecked in the country.
"So, these are really troubling signals, but it’s even sadder that the security issues are totally preventable, but we allowed ourselves to travel this path. Our politics has been unfortunately not one of deep thinking, one of very short-term orientation, by a majority of political apparatus driven by narcissism, rather than service to Nigerians."
"We allowed these issues to continue to grow, pretending and deceiving ourselves that they were going to get better, but today these issues have grown to threaten our lives and safety. With the way it is going, we can wake up tomorrow to see that the insurgents have mounted the Boko Haram flag in Aso Rock."
"All of these things were predicted, but because of corruption, our eyes are blindfolded to these things. We have also unwittingly collaborated in bringing the situation to where we are today," he added.
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