Causes of boko haram insurgency and it's socio-economic impact in Nigeria

Since Nigeria's independence in 1960, she has never been confronted with so much internal security issues like terrorism, which have strongly affected its national policy in recent years. The focus of this thesis is to analyze the causes and socio-economic impacts of Boko-Haram in Nigeria. It is certain that Boko Haram remains the biggest unrest confronting Nigeria now and has not only security, but also socio-economic consequences, High rate of poverty, unemployment, injustice, illiteracy, corruption and disparities between North/South regions of Nigeria are some of the causes of Boko Haram insurgency. Regarding the socio-economic impacts, it is seen that Boko Haram insurgency has had negative effect on the Foreign Direct Investment, Gross Domestic Product, the tourism sector, the local currency. In addition, it has led to dislocation of Nigerians, losing their lives and properties. The thesis concludes by stating that political, socio-economic and religious reasons contributed to Boko Haram terrorism to be emerged and its socio-economic impacts in Nigeria can be seen at the several levels.