Tackling Insecurity With A Political Economy Approach -By Tife Owolabi

The origins of insecurity in a society are complex and multifaceted. Various factors can contribute, including economic instability, social inequality, political corruption, inadequate governance, ethnic or religious tensions, and lack of access to education and opportunities. Understanding and addressing these underlying issues are crucial for effectively combating insecurity and fostering a stable society.

In Nigeria, curtailing and combating criminality and crimes in the current reality would mean the government halting the economic hardship biting into every nook and cranny of the country where prices of every commodity have quadrupled, and businesses are shutting down due to running costs.

Most companies still in business are cutting corners, while a few sincere ones have adopted the shrinkflation method—a practice of reducing the size or quantity of a product while keeping its price the same. It’s a subtle form of inflation where consumers get less for their money due to the current reality.

It is not easy for anyone to be involved in criminality for God’s sake, because no one wants to be involved in vices, but circumstances push many, while some naturally commit crimes for greed.

The reality is that the more the economic situation in Nigeria bites, the more people are susceptible to engaging in illegal activities. A wise government will seek ways to reduce hardship through inclusive economic programs with incentives.

This is not about speaking big grammar of kinetic and non-kinetic approaches to reverse the ugly trend and stem the tide. It is not a naysay, no matter the barrel of weapons that will halt the insecurity. For instance, as beating your wards/children for bad behaviours make them stop misbehaving? The answer is obvious.

President Bola Tinubu knew he inherited a bad economy and he must think inward on economic factors to combat criminality, insecurity, and crime, not the military hardware approach.

The situation requires political and bespoke approaches to tackle it. A synergy between political and economic reforms holds the key to navigating Nigeria toward a future marked by peace and prosperity.

Providing incentives for businesses to thrive and creating opportunities for entrepreneurship can contribute to job creation, reducing the allure of criminal activities driven by economic desperation. A strategic focus on inclusive development can foster a more stable and secure society.

Tife Owolabi is a
PhD Candidate, 
Development Studies
University of Port
Choba,
Rivers state.