World Bank Blames Terrorism, Others For Economic Decline | PLUS POLITICS
Channel: Plus TV Africa
Date: 22/11/2021

The World Bank has attributed 50 percent decline in economic activities to terrorism and kidnappings in the North East. Co-author of a World Bank Report, Marco Hernandez, disclosed that economic activities in the Borno, Adamawa, and Yobe states, however, declined from 10 to 14 percent between 2009 and 2013. According to the economist, economic activities in the Lake Chad region further declined by 50 per cent since 2018. He also added that issues related to climate change were also responsible for the further decline in activities in the agricultural sector of the economy. On how insurgency affects border countries, he said: “Boko Haram also affects neighboring countries of Niger, Chad and Cameroon, apart from where the actual attacks take place. 

Andy Akpotive, Social Reformer and Peter Eigbedion, Security Expert joined us to discuss.
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