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SBM Intelligence Rates Nigeria As Stable 23rd October 2023 - Politics - Nairaland

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SBM Intelligence Rates Nigeria As Stable 23rd October 2023 by Ikaeniyan0: 7:03am On Oct 25, 2023
Nigeria has been rated as ‘stable’ by research and risk consultancy firm, SBM Intelligence, in its latest “Africa Country Instability Risk Index”, which assesses political stability risks in 47 sub-Saharan African nations.

It stated that Nigeria was rated as ‘stable’ based on the overall macro indicator score.

The report analyses political, economic, and social factors influencing political instability, emphasising the economic consequences for investors and governments.

According to the report, major democracies like Ghana, Kenya, Nigeria, and Senegal exhibit concerns due to conflicts, economic strain, and doubts about democratic legitimacy.


“ACIRI employs various indices, including ethnic tensions, coup history, dominant ethnic groups, economic diversity, leadership longevity, and economic structure to categorize countries into ‘Red Watch, Warning, Critical, Vulnerable, Stable, and Safe’,” SBM Intelligence said in a statement.

It noted that the framework served diverse stakeholders, adding that governments could use it to recognise and mitigate political instability risks, enabling the development of early warning systems and conflict-resolution measures.

The firm remarked, “Transnational corporations can leverage ACIRI to identify high-risk countries and establish contingency plans for investment protection, facilitating collaboration with governments and other businesses.



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Re: SBM Intelligence Rates Nigeria As Stable 23rd October 2023 by SharingIsLife(m): 7:10am On Oct 25, 2023
Since Nigeria has seen 5 unbroken 'democratic' successions since the restoration of civil rule in 1999, you can describe the country as stable especially without any massive all-out war going on within her borders. After all, 'stable' is a relative term.
Re: SBM Intelligence Rates Nigeria As Stable 23rd October 2023 by victorclean(f): 7:34am On Oct 25, 2023
View it critically, you will definitely see an oduduwpig republic citizen as a member of the panel.

A big lie lie, Nigeria can not be in that position

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Re: SBM Intelligence Rates Nigeria As Stable 23rd October 2023 by Corn247: 7:36am On Oct 25, 2023
Some people will not be happy with this

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Re: SBM Intelligence Rates Nigeria As Stable 23rd October 2023 by kayusely70(m): 7:52am On Oct 25, 2023
I quite agree with this![color=#006600][/color]
Re: SBM Intelligence Rates Nigeria As Stable 23rd October 2023 by Houseontherock1: 7:56am On Oct 25, 2023
Nigeria will always be rated stable because we are complacent and seriously laid back people who just accept our fate regardless of what's thrown at us undecided
Re: SBM Intelligence Rates Nigeria As Stable 23rd October 2023 by OkCornel(m): 8:18am On Oct 25, 2023
Yep, even the EIU (Economist Intelligence Unit) gave Nigeria an excellent rating.

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