Nigeria’s Economy Is Too Fragile To Bear Another Round Of Lockdown – President Buhari

President Muhammadu Buhari

President Muhammadu Buhari has pronounced that Nigeria must do all it can to avert a second wave of COVID-19 disease.

In a tweet on his official Twitter account on Thursday, President Buhari said the Nigeria’s economy is too fragile to suffer another round of lockdown.

“Looking at the trends in other countries, we must do all we can to avert a second wave of COVID-19 in Nigeria. We must make sure that our cases, which have gone down, do not rise again. Our economy is too fragile to bear another round of lockdown,” he wrote.

The president, back in March, imposed a total lockdown on some states including Lagos, Ogun and the federal capital territory (FCT)  to contain the spread of the virus.

Due to the restrictions and reduced economic activity, Nigeria’s gross domestic product (GDP) decreased by 6.1 percent in the second quarter of 2020.

The International Monetary Fund (IMF) predicts that Nigeria’s economy will contract by 4.3 percent  in 2020 in real terms; recording its second recession in five years.

Nigeria’s coronavirus cases have been on descending current  and states have now started to reopen fully.

According to the Nigeria Centre for Disease Control (NCDC), the country has recorded a total of 62, 371 confirmed cases, with 58,095 recoveries and 1,139 fatalities.

Lagos, the epicentre of the disease in Nigeria, accounts for nearly half of the country’s total recoveries with 20,145 patients discharged in the state, even though it also has the highest number of cases with 21,017 infections.

Nigeria recorded its index case of coronavirus on February 27, 2020.


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