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Insurgency and Economic Growth in Nigeria

This study investigates the impact of insurgency on economic growth in Nigeria within the context of the country’s persistent insecurity challenges. Using time series data from 1999 to 2024 sourced from the Central Bank of Nigeria (CBN), National Bureau of Statistics (NBS), Global Terrorism Database, and Index Mundi, the study employed descriptive statistics, Augmented Dickey-Fuller (ADF) unit root test, Johansen co-integration, and Vector Error Correction Model (VECM) to examine the short-run and long-run dynamics between insurgency, discomfort index, terrorism risk index, and real gross dome…

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