The Impact of Hate Speech on Nigeria Economy

Abstract

This study sets out to investigate the Impact of Hate Speech on Nigeria Economy. To do this, the survey population is made up of bank officials who notice the capital flight before it trickles down to the public, and the politicians who have been accused of patronizing high dosage of hate speech. Taro Yamane formula came handy as sample questionnaires were distributed that covered the targeted population from which the primary data were extracted for analysis. Information from other literatures was helpful which include textbooks, social media, bulletins and journals. The research used survey and descriptive data also using simple percentages of figures extracted from the tables for interpretation. There are overwhelming responses and findings to the fact that hate speech impact negatively on Nigeria and aggravate capital flight while socio-political effect in Nigeria is also damming. The outcome of the research includes the recommendations that there should be citizens' orientation on rights and privileges, patriotism by all to forestall endangering the system and political will to bring offenders to book as a deterrent to others who may want to toe the same way.