Former Nigerian President Olusegun Obasanjo has expressed grave concerns regarding the escalating insecurity in Nigeria, describing the situation as dire and increasingly unmanageable. Speaking at a recent event, Obasanjo highlighted that the current state of insecurity is not only a threat to national stability but also a significant impediment to economic development and social cohesion.

The Current Security Landscape
Nigeria’s security challenges have reached alarming levels, characterised by widespread violence, banditry, and insurgency. Reports indicate that conflicts in northern Nigeria, particularly involving groups like Boko Haram and Islamic State West Africa Province (ISWAP), have intensified. In 2023 alone, attacks by violent extremist organisations increased by over 20%, leading to significant loss of life and displacement of communities. The situation is compounded by rampant banditry in the Northwest and North Central regions, where civilians are frequently targeted for kidnappings and extortion.
The ongoing violence has disrupted livelihoods, with many communities unable to engage in farming or trade due to fear of attacks. The Food Security Outlook published by FEWS NET indicates that food assistance needs remain high across northern Nigeria as a direct consequence of these conflicts.

Leadership Failures
Obasanjo attributed the worsening insecurity to what he termed “self-centred leadership” that lacks vision and accountability. He emphasised that effective leadership is crucial for addressing the multifaceted challenges facing Nigeria today. “If we can get the leadership right, we will get all other things right,” he stated, underscoring the need for leaders who prioritise service over personal gain.
The former president’s comments resonate with many Nigerians who feel disillusioned by government responses to insecurity. Corruption, poor governance, and inadequate resource allocation have hampered efforts to combat violence effectively. Security forces often find themselves overwhelmed and underresourced, struggling to maintain order in an increasingly chaotic environment.

How this Affects the Economy
The ramifications of escalating insecurity extend beyond immediate safety concerns; they significantly impact Nigeria’s economy. Businesses are deterred from operating in high-risk areas, leading to job losses and reduced economic activity. The fear of kidnapping and violence has caused many companies to either shut down operations or relocate to safer regions, exacerbating unemployment rates.
Furthermore, the government’s redirection of funds from developmental projects to security operations limits its capacity to address pressing economic issues such as poverty alleviation and infrastructure development. As a result, many communities remain trapped in cycles of violence and poverty.
Call for Action
Obasanjo’s remarks serve as a clarion call for urgent action from both government officials and citizens. He urged stakeholders at all levels to prioritise collaborative efforts aimed at restoring peace and stability. This includes investing in community policing initiatives that empower local populations to participate actively in their security.
Additionally, addressing root causes such as unemployment and economic inequality is essential for long-term solutions. By fostering inclusive growth and providing opportunities for youth engagement, Nigeria can begin to mitigate some of the underlying factors contributing to insecurity.
By Joseph Johnston,
Youth Editor,
Egogonews Hub