Bassim Haidar On How Boko Haram Impacts Nigeria

Speaking with HuffPostLive at the World Economic Forum in Davos, Bassim Haidar, the founder, chairman and CEO of Nigeria-based telecoms and logistics group Channel IT discussed the violent campaign of Boko Haram in Nigeria.

Ruthless attacks by fighters of the Islamist extremist group Boko Haram have plunged northeast Nigeria in absolute chaos. More than 10,000 people were killed in violence connected to the extremists in the past year and at least a million people have been displaced by the insurgency. The United Nations Security Council warned on Tuesday that escalating Boko Haram attacks may amount to crimes against humanity and could destabilize the whole region.

In his conversation with HuffPostLive's Roy Sekoff, Haidar pointed out that Boko Haram's terror is affecting different parts of Nigeria dissimilarly. Haider explained that Boko Haram mostly operates in the country's northeast, a remote and rural area. "If you look at a country like Nigeria, where today you have 160 million people, maybe five million people are affected in that region," Haidar said about the areas suffering the most from Boko Haram violence.

When asked whether he thinks private enterprise can play a role in fighting terrorism in Nigeria, Haidar said he believes it's necessary to examine what's causing the violence and what motivates the extremists.

Read more updates from the World Economic Forum in Davos below.