Sep 8 (Lagos) - The jubilant mood of last week when the long weekend was announced was shattered during the holiday-break as reports of killings, bloodshed, sectarian violence & kidnappings started pouring out on social media platforms like X formerly known as Twitter.
This is a platform that cannot be controlled by governments and this is where the truth comes out in its raw form. This leaves little room for government funded journalists to twist the reality to suit their masters' agendas.
A group of security personnel was ambushed and killed over the weekend that raised eyebrows amid reports that a Chinese national was among those killed.
So stock market investors have to face increased security risks which will scare foreign investors away (hopefully only for a few days) before the return and again start looking at Nigeria as a favorable investment destination among the basket of frontier markets.
There is so much harm being done to Nigeria's image by these security challenges that the Country has been facing and is not able to solve them.
The reports of killings are pan-Nigeria and not isolated incidents anymore. These are happening from the North to the South.
The terrorism risk in Nigeria is very real and has not reduced but actually may have increased.
Opposition leader Peter Obi said that “stark evidence that Nigeria is in the grip of a full-blown security emergency.”
He called for a declaration of war against insecurity in the Country. President BAT is on his annual leave in Europe hope he lending his ear to what his challenger is saying or rather warning.