IMPLICATIONS OF COVID-19 LOCKDOWN POLICY ON SOCIO-ECONOMIC DEVELOPMENT OF NIGERIA

Chinedu V. Ofoma, Apollonia A. Hangeior

Abstract


The paper underscored the COVID-19 lockdown policy in Nigeria and its accompanying effects on socio-economic development of the country. The policy and its negative impacts on Nigerian Gross Domestic Product of second quarter, 2020 were also discussed extensively. Conceptual definitions of lockdown policy and socio-economic development were equally given. Implementation guidance for the lockdown policy was clearly stated in the paper. Conclusively, it was maintained in the work that the policy went a long way in reducing the number of persons that would have contracted the virus and also enabled the government to attend to those that were confirmed positive resulting to their quick recovery although with some deaths. The negative consequences of the policy were equally acknowledged in the paper.  In view of the above, some recommendations were made which included the government setting up commission of inquiry to unravel the situations that resulted to the deaths of some Nigerians in the hands of security personnel during the lockdown policy and government developing urgently targeted economic empowerment strategy which can come in form of cash transfer program to mitigate the negative impact of the policy among others.

Keywords


Implications, COVID-19, Lockdown Policy, Socio-economic development & Nigeria

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References


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