NIGERIA, SUPPORT YOUR SMALL AND GROWING BUSINESSES
SMEs Must Be Prioritized In The Government’s COVID-19 Interventions
10 IMMEDIATE POLICY RECOMMENDATIONS FOR THE NIGERIAN GOVERNMENT
15th April 2020
COVID-19 has descended upon our world, disrupting global health, economic, social and financial systems. On March 30th, President Buhari announced a 2-week stay-at-home lockdown in Lagos, Ogun and Abuja, leading to a sudden and unprecedented halt in operations of businesses across the formal and informal sectors, a lock-down that has been further extended for another 2 weeks. Governments around the world who announced similar lockdowns, including African countries like Ghana, Kenya and South Africa, have quickly followed up with stimulus packages to support their Small Businesses, largely considered to be the engine of growth of the economy, to ensure millions of jobs are retained and to subdue the negative economic impact of a slow-down.