The price of violence: Why Nigeria must prioritise peace for prosperity

Nigeria's Peaceful Decline: A Troubling Trend Data from the Institute for Economics & Peace (IEP) reveals a troubling trend: Nigeria's peacefulness has deteriorated by an average of 0.9% over the past decade. Between 2023 and 2024 alone, it declined by 1.04%, according to BusinessDay Research. War and peace are like two parallel lines that never meet—while the former stifles growth, the latter fuels economic prosperity. In its Business and Peace Report, the IEP emphasises that economic prosperity and peace often go ha