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‘COVID-19 economic effects dealing with poor Nigerians’

The attendant economic and health implications of the COVID-19 pandemic are responsible for the high rate of loss of livelihood for many households and making them poorer, an economic expert, Professor Nkemdili Nnonyelu has said. 

Nnoyelu, who is the director of Emeka Anyaoku Institute of International Studies and Diplomacy, Nnamdi Azikiwe University Awka, made this known while speaking as the Guest Lecturer at the 3rd Distinguished Public Lecture Series of the Nigerian College of Accountancy (NCA), the training arm of the Association of National Accountants of Nigeria (ANAN) in Kwall, Jos, Plateau State, a statement from ANAN said on Wednesday. 

Nnoyenlu spoke on the theme: “National Security and Economic Rebirth In The Face Of COVID-19 Pandemic: Livelihood Struggles and Sustainable Development’’.

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He said the still active COVID-19 pandemic had proven to be the most disruptive in a country, “putting an immense strain on societies and economies globally’’.

The don explained that the pandemic had caused considerable human suffering and exposed the limitations of health, education and economic systems around the world.

According to him, the realities now call for a review and reengineering of the livelihood options available for households to cope.

He noted that the economic effects of the current trend of insecurity and intra-country violent conflicts in the country had been compounded by the economic and health implications of the COVID-19 global pandemic.

President of ANAN, Rev. Benjamin Osisioma said the association’s belief in education and training had always made it explore various enriching outlets to engage its students, members and the general public in robust knowledge-sharing.

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