Influence Of Crime And Terrorist On Economy Situation Of Ondo State In Nigeria

Influence Of Crime And Terrorist On Economy Situation Of Ondo State In Nigeria

Abstract

This study was carried out to examine the influence of crime and terrorist on economy situation of Ondo State in Nigeria.. Specifically, the study aims to evaluate the causes of crime and terrorism in Ondo state, examine the effect of crime and terrorism on the economic activity of Ondo state, find out the implications of crime and terrorism on the development of ondo state and find out ways of curbing crime and terrorism in Ondo state. The study employed the survey descriptive research design. A total of 141 responses were validated from the survey. From the responses obtained and analyzed, the findings revealed that crime and terrorism does influence the economy situation of Ondo State. The study thereby recommends that to quell the raging inferno of terror acts in Ondo state and the country in general, the job falls on the table of not only the government, but also other stakeholders whose interests in the continuity of the Nigerian project could be damaged if the polity is overrun by terror gangs whatever their names or raisons d’être. Also, the international community, faith organizations, civil society, business community and others have to conflate their roles in order to obliterate or checkmate terrorism in Nigeria and create the needed breather for industrial development to happen.

Table of Content

Chapter One:

Introduction

• 1.1 Background of the Study
• 1.2 Statement of the Problem
• 1.3 Objective of the Study
• 1.4 Research Questions
• 1.5 Research Hypothesis
• 1.6 Significance of the Study
• 1.7 Scope of the Study
• 1.8 Limitation of the Study
• 1.9 Definition of Terms
• 1.10 Organization of the Study

Chapter Two:

Review of Literature

• 2.1 Conceptual Framework
• 2.2 Theoretical Framework
• 2.3 Empirical Review

Chapter Three:

Research Methodology

• 3.1 Research Design
• 3.2 Population of the Study
• 3.3 Sample Size Determination
• 3.4 Sample Size Selection Technique and Procedure
• 3.5 Research Instrument and Administration
• 3.6 Method of Data Collection
• 3.7 Method of Data Analysis
• 3.8 Validity of the Study
• 3.9 Reliability of the Study
• 3.10 Ethical Consideration

Chapter Four:

Data Presentation and Analysis

• 4.1 Data Presentation
• 4.2 Analysis of Data
• 4.3 Answering Research Questions
• 4.4 Test of Hypotheses

Chapter Five:

Summary, Conclusion and Recommendation

• 5.1 Summary
• 5.2 Conclusion
• 5.3 Recommendation
• REFERENCES
• APPENDIX

Chapter One

Introduction

1.1 Background of the Study

Crime is a public wrong. It is an act of offense which violates the law of the state and is strongly disapproved by the society. Crime is defined as acts or omissions forbidden by law that can be punished by imprisonment or fine. Murder, robbery, burglary, rape, drunken driving, child neglect and failure to pay taxes are examples of crimes. The term crime is derived from the Latin word “crimen” meaning offence and also a wrong-doer. Crime is considered as an anti-social behaviour. Each society may define crime in a different perspective. A crime may be legal or illegal. Illegal and punishable crime is the violation of any rule of administration or law of the state or practice of any wrongdoing and harmful to self or against third parties, provided in criminal law. Legal and not punishable crime is all acts of self-defense. However, one could classify the consequences of crime and terrorism by their economic and non-economic effects (Ogundiya, 2019). The economic effects could arise from several channels, but four of them seem to be particularly pervasive. First, terrorism has a direct effect on the economy through the destruction of human and physical capital (Imhonopi,, 2016). Second, terrorism is likely to induce counter-terrorism expenditure, thereby diverting expenditure from production-related activities to defence-related activities, which are generally considered to be less productive (Hoffman, 2016). Third, terrorist activities create economy-wide risks and uncertainties that distort the equilibrium resource allocation within a country by changing individuals savings, investment, and consumption behaviour. Moreover, this risk and uncertainty effect also leads to the redirection of foreign direct investments (FDI) away from the country with a higher risk to those with lower risks (Cilliers, 2016). Indeed, a recent World Bank study shows that FDI has been redirected from Nigeria to other West African countries, particularly Benin. Fourth, terrorism is known to negatively affect several sectors of the economy, especially tourism and financial markets (Adesoji, 2015). In this study, we focus on the influence of crime and terrorist on economy situation of Ondo State in Nigeria.

1.2 Statement of the Problem

Crime and terrorism has a significant economic impact on both wealthy and poor countries. Terrorism’s economic impact will inevitably be felt more strongly in low-income monocultural nations than in highly developed, diversified industrial economies. As a result, if the country’s terrorist issue is not handled, it might result in greater investor apathy and a drop in FDI inflows, prompting institutional investors to look for more stable nations to invest in. People’s willingness to invest, acquire, or rent investment items lowers when they are worried about the state of the nation; as a result, any country that emanates an environment of insecurity naturally repels investment efforts from both foreign and local investors (Cilliers,2016). As a result, crime and terrorism is a threat to a country’s socioeconomic, political, and social security, as well as a major factor in underdevelopment, because it discourages both domestic and foreign investment, lowers quality of life, destroys human and social capital, and damages citizen-state relationships, undermining democracy, rule of law, and the country’s ability to promote development (Okafor, 2016). On this point, the purpose of this research is to look at the influence of crime and terrorist on economy situation of Ondo State in Nigeria.

1.3 Objective of the Study

The general objective of the study is to examine the influence of crime and terrorist on economy situation of Ondo State in Nigeria.

1. To evaluate the causes of crime and terrorism in Ondo state.
2. To examine the effect of crime and terrorism on the economic activity of Ondo state.
3. To find out the implications of crime and terrorism on the development of ondo state.
4. To find out ways of curbing crime and terrorism in Ondo state.

1.4 Research Questions

The following questions have been prepared for the study:

1. What are the causes of crime and terrorism in Ondo state?
2. What is the effect of crime and terrorism on the economic activity of Ondo state?
3. What are the implications of crime and terrorism on the development of ondo state?
4. What are the ways of curbing crime and terrorism in Ondo state?

1.5 Research Hypothesis

The following hypothesis have been formulated for the study:

H0: Crime and terrorism does not influence the economy situation of Ondo State

HA: Crime and terrorism does influence the economy situation of Ondo State

1.6 Significance of the Study

The findings of this research work will undoubtedly provide the much needed information to government organizations, as they will be able to work hand in hand with security agencies so as to curb crime and terrorism in Ondo state.

This study will be significant to the ministry of defence as it will expose them to the need to purchase more fire arms and devise a better strategy that will help in combating crime and terrorism.

This study will also be of benefit to the academic community as it will contribute to the existing literature on crime and terrorism.

1.7 Scope of the Study

The study will evaluate the causes of crime and terrorism in Ondo state. The study will also examine the effect of crime and terrorism on the economic activity of Ondo state. The study will further find out the implications of crime and terrorism on the development of ondo state. Finally, the study will find out ways of curbing crime and terrorism in Ondo state. Hence, this study is delimited to Ondo State

1.8 Limitation of the Study

This study was constrained by a number of factors which are as follows:

Just like any other research, ranging from unavailability of needed accurate materials on the topic under study, inability to get data

Financial constraint , was faced by the researcher ,in getting relevant materials and in printing and collation of questionnaires

Time factor: time factor pose another constraint since having to shuttle between writing of the research and also engaging in other academic work making it uneasy for the researcher

1.9 Definition of Terms

Crime:

An action or omission which constitutes an offence and is punishable by law.

Terrorism:

The unlawful use of violence and intimidation, especially against civilians, in the pursuit of political aims

Economy:

The state of a country or region in terms of the production and consumption of goods and services and the supply of money.

1.10 Organization of the Study

This research work is organized in five chapters, for easy understanding, as follows.

• Chapter one is concern with the introduction, which consist of the (overview, of the study), historical background, statement of problem, objectives of the study, research hypotheses, significance of the study, scope and limitation of the study, definition of terms and historical background of the study.
• Chapter two highlights the theoretical framework on which the study is based, thus the review of related literature.
• Chapter three deals on the research design and methodology adopted in the study.
• Chapter four concentrate on the data collection and analysis and presentation of finding.
• Chapter five gives summary, conclusion, and recommendations made of the study.

Chapter Five

Summary, Conclusion and Recommendation

5.1 Summary

In this study, our focus was to examine the influence of crime and terrorist on economy situation of Ondo State in Nigeria using Owo local government as a case study. The study specifically was aimed to evaluate the causes of crime and terrorism in Ondo state, examine the effect of crime and terrorism on the economic activity of Ondo state, find out the implications of crime and terrorism on the development of ondo state and find out ways of curbing crime and terrorism in Ondo state.A total of 141 responses were validated from the enrolled participants where all respondent are drawn from resident of Owo .

5.2 Conclusion

Based on the finding of this study, the following conclusions were made:

1. The causes of crime and terrorism in Ondo state is Independence or separatist movements, adoption of a particular political philosophy, such as socialism, Irredentist movements and mass and flagrant violations of human rights and fundamental freedoms
2. The effect of crime and terrorism on the economic activity of Ondo state is Direct economic destruction, Increased uncertainty in the market war is the health of the state and Increased nationalism and foreign scepticism
3. The implications of crime and terrorism on the development of ondo state are Long term chronic pain, Sensory disturbance Destruction of lives and property and Change in investment and consumption pattern
4. The ways of curbing crime and terrorism in Ondo state are securing external border, making use of air passenger data, Cutting the financing of terrorism and reduction in access to dangerous weapon

5.3 Recommendation

Based on the responses obtained, the researcher proffers the following recommendations:

1. That to quell the raging inferno of terror acts in Ondo state and the country in general, the job falls on the table of not only the government, but also other stakeholders whose interests in the continuity of the Nigerian project could be damaged if the polity is overrun by terror gangs whatever their names or raisons d’être.
2. The international community, faith organizations, civil society, business community and others have to conflate their roles in order to obliterate or checkmate terrorism in Nigeria and create the needed breather for industrial development to happen.
3. The Nigerian government should invest heavily in purchasing or building of security drone which will be used to detect any terrorist activity.
4. The Nigerian military should be trained periodically on new tactic and strategy that can be used to repel the activities of terrorist.

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