THE Association of Licensed Telecoms Operators of Nigeria (ALTON) has decried the level of insecurity in the country, saying it is injurious to the country's investment drive.

The Chairman of the association, Gbenga Adebayo, disclosed this yesterday to reporters in Ilorin, the Kwara State capital while officially flagging off the Royal 95.1 FM station.

Mr Adebayo, President/Founder of the private radio station, said the Boko Haram challenge in parts of the country, was capable of threatening its corporate existence.

He added: "The security challenge in the country, though man-made, is very worrisome. It, therefore, behooves us all to join hands with the government in stamping out the menace.

"I also urge all media practitioners and media owners to assist the government in solving the problem. The agitators are reacting because they want some of their grievances to be addressed. We call on all men and women of goodwill to join hands together in ensuring the unity of Nigeria."

The telecoms engineer lamented the inclement business environment in the country, saying "as an investor if one looks at the challenges of doing business in Nigeria one will not venture into it. The licensing process for one, the building process, equipment procurement and electricity supply yet others. Other challenges are security and human resources.

"I urge government to put in place stable regulatory and political environment, as investment thrives where it is welcomed."