On 27 April 2020, the President of the Federal Republic of Nigeria, Muhammadu Buhari announced the easing of the lockdown necessitated by the spread of the Coronavirus (COVID-19) in Lagos, Ogun and Abuja effective 4 May 2020. Since then, there have been various schools of thought as to whether or not this was the right move considering the rapidly growing number of contaminations in the country –4,151confirmed cases as at 09 May 2020. A major argument in favour of the decision is the harsh reality that Nigeria and its citizens can simply not afford a prolonged halt on economic activities without suffering what some would say is a far worse fate than COVID-19.
Of a truth, all over the world, the socioeconomic impacts of the virus have been severely felt. We have not only seen global health systems struggle under the weight of the virus, but we have also seen huge losses in revenue in various key industries – aviation, tourism and manufacturing to name a few; rising inflation; increasing rates in unemployment; amongst others. All of these point to the fact that life can become far more difficult for millions across the globe after the pandemic is over and Nigeria is no exception.