The Lagos Chamber of Commerce and Industry (LCCI) has revealed its concerns over the negative impacts of the current insecurity on businesses and the Nigerian economy, IgbereTV reports
This was contained in a statement issued by Dr Michael Olawale-Cole, President, LCCI who said, “the LCCI is concerned with the current insecurity crisis because of its impact on businesses and the economy.”
Olawale-Cole further asserted that the country needs order and an innovative security architecture, or security would suffer a serious blow whenever politics became the center of governance.
He emphasized that the incoming Nigerian president would face a big challenge in resolving the country’s security challenges.
With the devastating terrorist attacks on March 28, 2022, he believes Nigeria’s worsening security profile had reached a worrying level.
“Some gunmen launched a deadly attack on a Nigerian Railway Corporation (NRC) Abuja-Kaduna evening train.
“On behalf of the business community, the LCCI is concerned with the current insecurity crisis because of its impact on businesses and the economy.
“We are also very concerned because of the apparent threat to our forthcoming general elections in 2023 and, by extension, a threat to our democracy.
“In the absence of peace and security, it would be challenging to hold credible, free, and fair elections that would reflect the choices of the electorates about whom their leaders should be