Tag: Insecurity

Oil Theft: Nigeria loses $150m every two days
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Economic expert implores federal, state govt. to fight off insecurity, oil theft

Development and economics specialist, Dr. Chiwuike Uba, has encouraged the federal and state governments to work together to take decisive action against pervasive insecurity and oil theft. The Amaka Chiwuike-Uba Foundation Board Chairman, Uba stated in a statement on Tuesday that the two key issues had completely disrupted the nation’s financial flow and earnings for […]

Companies insure top executives against kidnapping
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Companies insure top executives against kidnapping

Some companies, especially multinationals in Nigeria, are obtaining insurance for their top executives in case they are taken hostage as kidnappings soar in the country. A report by SBM Intelligence revealed that an average of 13 people were kidnapped in Nigeria every day in the first half of 2021. Business Day reported that as of […]