Keyword : Terrorism, Foreign Direct Investment, Development, Framing, Boko Haram
Author(s) : Blessed Frederick Ngonso & Ofomegbe Daniel Ekhareafo
Abstract :
This paper examines media narratives of the Boko Haram Insurgency in Nigeria from 2011-2015 and its implications on Foreign Direct Investment (FDI) and development. The paper is anchored on economic determinism theory and framing theory. The study used textual analysis and secondary analysis to discourse the contents of media reports on the subject. The study revealed that 3,168 civilian casualties have been recorded between 2011- March 13, 2015, this figure is far from being the exact figure. The study findings also showed that, Boko Haram activities affected the economy mainly in the North-East by slowing down agricultural production, leading to increase in food prices by 9.8 Per cent. This lowered the projected growth rate of Gross Domestic Product from 5.6 percent for 2015 to 4.3 percent. It further revealed that Boko Haram attacks had negative impact on Foreign Direct Investment (FDI) especially in the agricultural sector. The paper concludes that the nation’s quest for development has been affected by the growing poverty, illiteracy and infrastructural deficits which the terrorism has unleashed on the nation.
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