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2014: Economist predicts ‘high risk’ of social unrest in Nigeria

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social unrest economist

The Economist has warned investors of a higher than normal level of social unrest in Nigeria during the year of 2014.

It reported, “Declines in income and high unemployment are not always followed by unrest. Only when economic trouble is accompanied by other elements of vulnerability is there a high risk of instability. Such factors include wide income-inequality, poor government, low levels of social provision, ethnic tensions and a history of unrest. Of particular importance in sparking unrest in recent times appears to have been an erosion of trust in governments and institutions: a crisis of democracy.”

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