The Nigerian Council of Registered Insurance Brokers, NCRIB, has warned that Nigeria is losing significant investment as aspiring investors are overwhelmingly scared.
The Council condemned rising killings, kidnapping and other forms of violent attacks in the country, stating that, the development is not only bringing the image of the country into disrepute but also scaring investors away from the country.
The President of the Council, Dr. Bola Onigbogi told the media in Lagos, that the Council is advocating that the federal government should as a matter of urgency, declare a state of emergency on terrorism and killings, especially in the Northern part of Nigeria.
Onigbogi noted that if nothing is done as soon as possible to address this menace, it will deter foreign investors from investing in the Nigerian economy.
She said: “to say that the rate of killings and kidnapping in Nigeria is endemic is to state the obvious. The recent rate of attacks on people in most part of the nation is so disheartening.
“It is worrisome seeing how Nigerians are being massacred in their own fatherland unabated. It is difficult to read the mindset of these dare devil hoodlums, who have decided to unleash terror on unsuspecting and innocent Nigerians.
“Our heartfelt sympathy goes to the government and the people of affected States, especially, the immediate families of the victims. However, I like to join several other Nigerians to appeal to the Federal Government, as a matter of urgency, declare a state of emergency on terrorism and killings, especially in the Northern part of Nigeria.
