Causality Relationship between Security Challenges and Investment Potential Growth In Nigeria, 1980 to 2024

This study examined causality relationship betweensecurity challenges and investment growth in eight African countries for the period (1980- 2024). The study considered two objectives, to; investigate the direction of causality relationship between security challenges and investment potential growth in Nigeria, determine the effect of security challenges on investment potentialgrowth in Nigeria. Secondary time series data were used to carry out the empirical analysis. The study employed Pair wise Granger Causality Tests, Augmented Dickey-Fuller (ADF), Phillips- Perron tests, Co-integration Test. Based on the above econometric and statistical analyses conducted, it was indicated directional or partial causal relationship between security challenges and investment potential growth in Nigeria. It was also observed that security challenges have significant effect on investment potential growth in Nigeria. Based on these findings, the researcher recommends that; Nigeria government should invest on security through security literacy program as a national strategy for combating insecurity. Government should upgrade more modern internet security infrastructural facilities in partnership with telecommunication companies and other related service providers. Government security authority should build up trust in securities service by fortification of security institutions operating in Nigeria.