Boko Haram attacks cripple northern Nigeria’s economy

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IRIN) – Commercial activities in the northern trade hub of Kano are down by half since 2010 because of the campaign of violence waged by militant group Boko Haram and government efforts to curb it, says the Kano traders’ union.

“The north is losing heavily due to the violence. When you destabilize Kano, which is the commercial nerve centre of the north, you are threatening the socioeconomic well-being of the north,” Nigeria’s Information Minister Labaran Maku told reporters in February 2012.

Danbature Abdulazeez, head of the National Harmonized Traders’ Union, estimates trade in Kano is down by half due to closed borders with Niger, Cameroon and Chad; businesses shutting down or moving south for fear of violence; forced relocations; dusk-to-dawn curfews; and a ban on motorcycle-taxis, the principal means of transport in Kano.

Read more at IRIN

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