Pages: 38-49

Abstract

Nigeria is beset with ethno-religious conflicts, communal riots and agitation for resource control since the return of civil rule in 1999 which have resulted in massive loss of lives and properties. But the emergence of Boko Haram insurgency in the country has created widespread violence across Northern Nigeria. The menace of this conservative element called Boko Haram has complicated development challenges in Nigeria. Therefore, the essence of this paper is to examine the incidence of Boko Haram insurgency in Nigeria and determine its implication for national development. The study adopts qualitative approach to data analysis which relies on secondary data as its source of information for the investigation of Boko Haram insurgency in Nigeria. The paper reveals that Boko Haram insurgency militates against foreign investments in Nigeria and threaten corporate existence of Nigerian sovereignty. This paper recommends that convicted Boko Haram sponsors and sources of funding should not be allowed to occupy public office in Nigeria and government at all levels should address the problem of youth unemployment.