The Proliferation of Private Security Companies (PSCs) in Nigeria: Challenges and Prospect

Abstract

The study focused on the proliferation of Private Security Companies (PSCs) in Nigeria. It examines the recent private incursion into security sector business and these calls for concern and attention. The primary responsibility of the Government as stipulated by the constitution is the welfare and provision of security for its citizens, hence why is this responsibility shifted to private security companies? The study is a survey research, primary and secondary data were collected through, Key Informant Interviews (KII) and questionnaires. The study employed qualitative and quantitative techniques to analyze the data collected. Findings from the study showed that 92% of the respondents affirmed that security of life and properties was not effectively provided by the Government, hence the need for private participation into security provision in the Nigeria. Also 96.7% of the respondents agreed that the presence of PSCs in Nigeria has reduced crime rate. The need for protection and security of life and property amidst various security challenges and the clear inability of the State and its Public security forces to effectively arrest the situation is likely to give PSCs prospects and potentials in Nigeria as agreed
on by all the respondents. The paper concludes that PSCs is an effective alternative security provider, which complements government efforts in the Nigeria considering the importance of security governance on economic and sustainable development.