Nigeria: Hardship Beckons As COVID-19 Inhibits Economic Activities

[This Day] It is no longer news that world economies are going through very turbulent times. A clear indication of the realities of the impact of the ravaging Covid-19 pandemic is that most economies, if not all, will plunge into recession. Brookings Institution expects Sub-Saharan gross domestic product (GDP) growth rate to drop to as low as 2 per cent while the UN Economic Commission says it could go as low as 1.8 percent. Nigeria, the biggest economy in the region would number among countries that will feel the im