The Impact of Corona Virus on the Socio-Economic Life of Nigerians

Authors

  • Hope Ikwe Business AM newspaper, Nigeria

Abstract

Corona Virus Disease (COVID-19) is an infectious disease caused by a newly discovered corona virus that can be transmitted through droplets from cough and sneeze. People who are infected can experience mild to moderate symptoms and can recover without requiring special treatment. However, aged patients and those with respiratory disease can develop serious illness. Maintainence of high standard of hygiene through frequent washing of hand, use of hand sanitizer and social distancing has been recommended as ways of slowing down the transmission of this disease that has been declared a global health emergency.This study examines how the coronavirus pandemic which is sweeping around the globe affects the socio-economic life of Nigerians. The study reveals that the effect of the pandemic on the socio- economic life of Nigerians is enormous due to the peculiarity of the Nigerian system and economy which depends on close social contact that hinges on the theory of communitarianism,a theory that supports the fact that a person’s personality or identity is molded by the society. Hence, a total lock down in Nigeria is not sustainable over a long period of time.

References

Adegite, V. & Nana, A.(2014). Insight: COVID-19 Pandemic-Nigeria’s Fiscal and Economic Measures, Bloomberg Tax, 10th April. Available from https://news.bloombergtax.com/daily-tax-report-international/insight-covid-19-pandemic-nigerias-fiscal-and-economic-measures (Accessed, 13th April, 2020).

AfDB-African Development Bank Group (2012). Accounting for Poverty in Africa: Illustration with Survey Data from Nigeria, Working Paper 149. Available from https://www.afdb.org/en/documents/document/working-paper-149-accounting-for-poverty-in-africa-illustration-with-survey-data-from-nigeria-27352 ( Accessed, 15th April, 2020).

Akinwotu, E. & Burke, J. (2020). Deaths in Nigerian city raise concerns over undetected Covid-19 outbreaks. Guardian Newspaper, 28th April. Available from https://www.google.com.ng/amp/s/amp.theguardian.com/world/2020/apr/28/nigerian-authorities-deny-wave-of-deaths-is-due-to-covid-19 (Accessed, 28th April, 2020).

Business AM Newspaper (2020). Oil Crash May Warrant Production Halt Says NNPC. Business am Newspaper (online), 23rd April. Available from https://www.businessamlive.com/oil-crash-may-warrant-production-halt-says-nnpc/ (Accessed, 26th April, 2020).

CBNC Africa (2020). COVID-19: Nigeria Extends Lock Down by Two Weeks in Lagos, Abuja and Ogun States. CBNC Africa (online), April 13. Available from https://www.cnbcafrica.com/coronavirus/2020/04/13/covid-19-nigeria-extends-lockdown-by-two-weeks-in-lagos-abuja-ogun-states/ (Accessed, 17th April, 2020).

Chikan, S. (2020). A Radio Interview on Silverbird FM 93.7 (4th April).

Ebiri, K., Njoku, L., Akpan ,L., Olumide, S. & Akubo, J. (2020). Buhari’s Lock Down Extension Over COVID-19 Stirs Controversy. Guardian Newspaper, 15th April (online) (Accessed, April 21st, 2020).

Etta, E., Esowe, D. & Asukwo, O, (2016 ).African Communalism and Globalization. African Research Review Journal, 10(3), 42, pp. 302-316.

Etzioni, A. (2003). Communitarianism. In K. Christensen & D. Levinson (eds.), Encyclopedia of Community: From the Village to the Virtual World, Vol. 1 (pp. 224-228). London: Sage Publications. (Accessed, 2nd May, 2020).

Jarus, O. (2020). 20 Of The Worse Epidemics and Pandemics in History. Available from https://www.livescience.com/worst-epidemics-and-pandemics-in-history.htm (Accessed, 26th April, 2020).

Market Watch (2020). Lock down- Nigerians Berate Federal Government Over Non- transparent Distribution of Palliatives. Market Watch (online), 14th April. Available from https://www.marketwatch.com/press-release/lockdown---nigerians-berate-federal-govt-over-non-transparent-distribution (Accessed, 21st April, 2020).

Nigeria Centre for Disease Control (2020). First Case of Corona Virus Disease Confirmed in Nigeria. Available from https://ncdc.gov.ng/news/227/first-case-of-corona-virus-disease-confirmed-in-nigeria (Accessed, 3rd April, 2020).

OPEC (2020). OPEC Daily Basket Price Stood at $21.19 a Barrel, 8th April. Available from https://www.opec.org/opec_web/en/5818.htm (Accessed, 13th April, 2020).

Terwase, I., Abdul-Talib, A. & Zengeni, K. (2014). Nigeria, Africa's Largest Economy: International Business Perspective. Intenational Journal of Management Sciences, 3(7), pp. 534-543

Unah, L. (2020). Nigerian Private Sector Donates More than Most Other African Countries in Fight Against COVID-19. African Business Magazine, 14th April. Available from https://africanbusinessmagazine.com/region/west-africa/nigerian-private-sector-donates-more-than-most-other-african-countries-in-fight-against-covid-19/ (Accessed, 26th April, 2020).

UN-United Nations, Nigeria (2020). Coronavirus - Nigeria: UN, Nigerian Government Launch a COVID-19 Basket Fund to Harmonize Investments in National Pandemic Response Plan. Available from https://www.africa-newsroom.com/press/coronavirus-nigeria-un-nigerian-government-launch-a-covid19-basket-fund-to-harmonize-investments-in-national-pandemic-response-plan?lang=en (Accessed, 28th April, 2020).

WHO Media Centre (2014). WHO Declares End of Ebola Outbreak in Nigeria. Available from https://www.who.int/mediacentre/news/statements/2014/nigeria-ends-ebola/en/ (Accessed, 22nd April, 2020).

WHO Nigeria (2020). Nigeria's Polio Infrastructure Bolster COVID-19 Response. Available from https://www.afro.who.int/news/nigerias-polio-infrastructure-bolster-covid-19-response (Accessed, 10th April, 2020).

Yagboyaju, D. & Akinola, A. (2019). Governance: A Critical Exposition. SAGE Open. doi: 10.1177/2158244019865810.

Downloads

Published

2020-05-30