Enugu-The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA), says about 50 per cent of businesses in the South East zone have closed shops because of upsurge in crime.
Dr Emeka Okereke, the Director General of the chamber, said this in an interview with newsmen in Enugu, yesterdayÂ while reacting to insecurity challenges in the zone.
Okereke said that majority of members of ECCIMA were now afraid to operate at full capacity because of fear of being attacked by hoodlums.
â€œThe level of insecurity in the South East this year has contributed to about 50 per cent loss of businesses in the area. This situation has gone a long way to discourage investors, even the indigenous businessmen. Efforts should be geared toward beefing up security in the zoneâ€.
The Director general said members of ECCIMA had continued to close their businesses because of high level of insecurity in the zone.
Okereke stressed the need for urgent steps to be taken to address the issue to avoid total collapse in the system and also rekindle the interest of investors.
According to him, the upsurge in violent crime is not unconnected with the erosion of societal values as well as a high rate of unemployment in the country.