Armed Banditry-Public Debt Nexus in Sokoto State, Nigeria: Quantile Analysis

Abstract

Alhaji Kabiru, Shehu Mohammed, Abdulazeez Umar and Luba Adamu Kwazo

This study examined the eimpact of Armed Banditry on public debt using time series data from Sokoto State Nigeria between 2023Q1-2015 to Q3-2023. The model was estimated using ordinary least squares and quantile regression techniques. The quantile results show that public debt increases as areme banditry activities increases in the state. The impact of arned banditry on the state public debt is more noticeable at higher quantiles than at lower ones. The analysis’s conclusion demonstrates that Banditry activities in sokoto state Nigeria exacerbate the state’s level of public debt. The study recommended that the government look into non-military strategies and other funding sources for the fight against terrorism in an effort to decrease the threat that terrorism poses to the nation.

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