Abstract:

Terrorism has impacted levels of society across the world community, one of those levels is the business environment. Terrorism aim is nothing but to create a permanent state of terror, hatred and mistrust generalized in the population. Terrorism will directly impact a country’s ability to attract and maintain business development and investment. One of the key aspects of terrorism is the psychological impact on a populace. The uncertainty of the attack brings human fear. This paper examines the impact of terrorism on business environment in Nigeria with a case study of the Emab Business Plaza Wuse II Abuja. The study used questionnaire and oral interview as research instrument. Data were obtained, presented and analysed with simple percentages and frequency distribution tables. The questionnaire was administered to Business Owners, Customers, Employees and Government regulators. The study concludes that there is a significant impact of Terrorism on business environment. It is recommended that the Business Environment should be able to cope with terrorism by Putting up a secured and structured security network, to prepare for quick intervention after an attack, to have decentralized decision making system, to plan for the rapid reconstruction of the physical capital, to have a strategy for rapid reconstruction of human capital.

Keywords: Terrorism, Business, Business Environment and Business Development. 

References:

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