Butterfly Inflationary Effects of Multiply Police Check-Points in Nigeria
Asian Journal of Economics, Business and Accounting · pp. 226–237 · Published 29 Jun 2024
10.9734/ajeba/2024/v24i71405Abstract
There exists established research evidence of multiple police-check-points in the South East of Nigeria. Current research objective is to find out effects of these choking Police Check Points on the butterfly inflationary trends in the Nigerian Economy. It is a ripple effect of insignificant variable in one economic area that had a very significant effect in the whole and /or another section(s) of the populace. Data were sampled from a total of 450 business persons the six geopolitical zones of Nigeria with business links to South East Zone, in addition to other areas. The research established direct nexus between increasing police-check points in South East and increasing prices of goods and services in the Nigeria economy. The level of significance of surge Police tollgates in South East Zone and its butterfly inflationary trends in Nigeria is found to be significantly high on normal goods bought and sold with the Country. It is recommended among others that most of these check-points be disbanded if they are not there for political economy and exhortations against the Eastern States of Nigeria.
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