The activities of the Islamist sect, Boko Haram, have destroyed economic and commercial activities in the Northern part of the country.
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The 2011 World Investment Report of the United Nations Conference on Trade and Development, UNCTAD, noted that the Nigerian economy had lost over six billion dollars (N1.3 trillion) as a result of attacks by the sect.
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Mr. Shedrack Madlion, a businessman based in northern Nigeria, lamented the situation.
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He said: "Business activities in northern Nigeria today have gone to almost zero percent.
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There is no way anybody can come and put up any. investment where there is insecurity. I was thriving on N3 million daily in business, in my agricultural inputs, but today, I don't see N80,000.
Bokoharam activities must just end once and for all cos their activities are very much unhealthy in Nigeria. They must stop!