Poverty and insecurity are twin recurrent issues in recent times for many countries in the world, especially Third World countries in Africa to which Nigeria belongs. Security is a pillar without which no meaningful development can be achieved and sustained. Nigeria, like most other Sub-Sahara Africa countries, is deeply embroiled in and facing multifaceted security challenges. The wave of insecurity in Nigeria has assumed a dangerous dimension that is threatening both the safety of environment for lives and properties and the conduct of business and economic activities thereby causing untold hardship and poverty. The poverty level in Nigeria is such that many people now live below the poverty line and has become a source of concern and subject of growing attention for both academics and policy makers. This paper, therefore, sought to find out if insecurity has a causative effect on the pauperization of the people of Owerri and vice versa with particular reference to recent happenings in Owerri, Imo State, Nigeria. The survey research design, questionnaire and interviews as instruments of primary data collection and relative deprivation theory as framework were used for the study. Data were analysed with simple percentages while the chi-square was used to test the hypothesis. Secondary data from library research was utilized for analytical discussion. Research findings show that insecurity has both a cause and an effect relationship with poverty cum pauperization and the need to shun violence is recommended.<p> </p><p><strong> Article visualizations:</strong></p><p><img src="/-counters-/edu_01/0919/a.php" alt="Hit counter" /></p>