Nigeria’s insecurity crisis threatens investment, DGW boss warns

Samuel

Entrepreneur and automotive services executive, Ajilore Obafemi Samuel, has warned that rising insecurity is discouraging business investments in Nigeria, urging authorities to prioritise safety in order to restore investor confidence.

“Insecurity is affecting business investments in Nigeria. Investors want stability. When there is fear and uncertainty, capital moves elsewhere,” he said.

Samuel, the founder of DGW and its logistics arm, Errand Boy, noted that the impact of insecurity extends beyond large corporations, significantly affecting small and medium-scale enterprises that rely on the smooth movement of goods and people.

“When movement reduces, business slows down. It’s a chain reaction,” he added.

Samuel’s entrepreneurial journey, he said, reflects resilience. Before launching DGW, he sold his car in Dubai to raise start-up capital — a sacrifice he described as necessary to build his vision. A Business Administration graduate of Gateway Polytechnic, Igbesa, he has since grown DGW from an automotive service brand into a broader business ecosystem.

While focused on expansion and industry collaboration, Samuel stressed that sustainable growth in Nigeria’s private sector depends largely on improved security.

“Resilience can build a business,” he said, “but security sustains it.”

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