Analysis of the Impact of Terrorism on Mining Production in Nigeria

The research studied the impact of terrorism on mining production in Nigeria from 1990 to 2023 by studying other independent variables such as capital stock (CPST), technology (TECH) and human development index (HDI) which were sourced from institute for economic and peace (IEP): Global economic index, World Bank data portal, and Climate change knowledge portal. The study employed the Ordinary Least Square (OLS) multiple regression model with Auto-Regressive Distributive Lag (ARDL) model as tool for parameter estimation. The results of the study showed terrorism to have a negative and significant impact on mining production both in the long and short run period. Capital stock impacted negatively on mining in the long run but impacted positively in the short run with both relationships insignificant. Technology impacted negatively on mining in the long run and positively in the short run with both relationships being significant. human development index impacted positively and significantly on mining both in the long and short run. The study recommended proper monitoring and supervising of security projects to ensure transparency and accountability, regular investment in capital stock, organizing periodic training for workers, and increase allocation for science and technology among others.