THE BAD ECONOMIC SITUATION SETTING THE STAGE FOR CRIME

Indeed poverty in Nigeria, like in most developing nations of Africa, is widespread and seems to be on the increase. When poverty joins high level of economic and social aspirations, the stage is set for criminal activities particularly official corruption, ritual killings, robberies and dealing in illegal goods and services. People who are throated in attaining desired social and economic goals legally may seek to obtain them illegally. Psychotically, aggression is always legally a consequence of frustration while frustration leads to some form of aggression. The poor are led to violence owing to their relative depilation and needs. This scenario agrees significantly with the current security situation in Nigeria. Perhaps, the greatest challenge facing the economy is unemployment which has maintained rising tread over the years. The total labour force in Nigeria is made up of all personal aged 15-56 years excluding students, home keepers, retired persons or those who stay at home and work or are not interested. The unemployment are people who are willing and capable but are unable to find suitable paid employment. The classical school of thought that provided the earliest thinking on economic issues did not fail to give a central point of reflection on the undesirability of unemployment. The youths who are being churned out of the university yearly without any job are getting frustrated. Meanwhile, Buhari has reiterated that his Government is poised to break all economic barriers and set Nigeria free from poverty. According to him, although some Nigerian had become disoriented and impatient, the plan to diversify the economy is still very much on the carts. The president added that diversification of the economy has become much more than just a slogan as it has became a necessity. He said his government plans to use agriculture to save foreign exchange and pull many out of poverty and that his administration will continue to make substantial investment in human capital development. He said the country is facing the challenges of facing insecurity, creating jobs, addressing the country’s balance of payments and stimulating and sustaining national economic recovery, the injustice of hunger and the need for long term food security.