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The effects and impact of COVID-19 on Nigeria’s economy, business and ways of life

First and foremost, let me start by giving a brief introduction about the virus named COVID-19.

Covid-19 is an incurable virus/disease. It has been proven by W.H.O to be very deadly and kills within a short range of time. As the name implies, it emerged On 31st December 2019. This virus had killed millions of people across the globe, and it’s still counting.

However, some safety precautions/measures have been made available to salvage this menace. Some of these measures are as follows;

Use of face-mask

Washing of hands with alcohol based hand gel sanitizers

Maintaining social distancing amongst people

Avoid hand contact with the eyes, nose or any openings in the body

The virus can only be prevented but once contracted, it could be suppressed through subsequent medications.

Now, let me go straight to the main aim of this article.

Covid-19 has affected Nigeria’s economy, business and ways of life tremendously in a negative way than good.

Let us look out Nigeria’s economy; recently, Nigerian Government have been borrowing funds from foreign countries towards the importations and implementation of covax- the vaccine to prevent against COVID-19 virus and for some other needs arising in the country. This has lead the economy and the nation at large to be under a state of dilemma, crises and bankruptcy. Debts are also incurred in the future, leading to little or no progress in the economy and in the country as a whole.

Businesses, both local and foreign have been put to a halt due to the virus. Lockdown imposed all over the world leading to no movement of persons and goods thereby leading to massive loss in the business world. Locally, interstate travel was banned, thus goods were not evenly distributed for more profits to be made even in the country. Truly COVID-19 has done more harm than good.

The ways of life of citizens in Nigeria is greatly affected as a result of the pandemic. The cost of living in Nigeria is becoming so alarming and the Federal Government seems to be paying deaf ears to it. The price of goods and services in Nigeria is increasing every day geometrically. Crime rate is also on the increase due to unemployment, hunger, idleness and frustration. I believe poverty rate in Nigeria is also on the increase because most private sector workers are relieved of their jobs during the lockdown unlike public/government sectors. Death rate is still on the increase due to fear of the virus, poor health therapy, hunger and starvation. Another salient point is that some universities in Nigeria is been affected so much. Like Ambrose Alli University, Ekpoma, Edo State, Nigeria has been on strike plus the lockdown in 2020 for 9 months and the university is currently on strike for the second time as at the time this article is published. The reason for the strike is that, the Federal Government Of Nigeria has refused to pay up lecturers their salary. Meanwhile, the government shifted all their focus, resources and funds into the COVID-19 virus. This would insert a deep hole in the hearts of students to limit the value and power of education. What a deadly impact!

I am using this medium to appeal to the Federal Government of Nigeria to look into all issues arising in the country because an injury to one, is an injury to all.

Content created and supplied by: Blogbuster1 (via Opera News )

Covid-19 Nigeria W.H.O


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