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 Benue State University, Makurdi

Benue Journal of Peace and Conflict Studies (BENJOPECS) 2022


Boko Haram Terrorism and the Performance of Multinational Corporations in Nigeria

Onuk Bulus OJEM, Othman Bala ADAM and Mohammed BASHIR

Abstract

The major thrust of this study is to assess the effect of terrorism on Multinational Corporation in Nigeria. The need for this study arose as a result of the perceived increase of Boko Haram activities in Nigeria. The main objective of the study is to examine Boko Haram terrorism and the performance of Multinational Corporations in Nigeria. The study adopted liberal political economy theory as the theoretical framework. The theory contends that free trade policy remains the key to national wealth and power because it encourages economic growth and competitive development. The paper adopted secondary sources of data and the data was analyzed using content analysis. The paper concluded that most of the foreign investors operating in Nigeria has abandoned their companies and run for their dear lives due to the severe attack of Boko Haram .Finally, the paper recommended that the government should open a dialogue channel to know the grievances of the sect in other to create more doors for foreign companies.

Key words: Terrorism, Multinational Corporations, Economic Development, Foreign Direct Investment (FDI), International Business.

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