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Rapport (Rapport De Recherche) Année : 2021

The Economic Impact Of Covid-19 Pandemic On Kano, Nigeria

Junaidu Danladi
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Résumé

The advent of Covid-19 in Nigeria in the early 2020 posed serious challenges or setback to Kano's business environment. In order to curtail the spread of the virus various policies were introduced that include suspension of international air flight, closed down of all country's borders, interstate movement restrictions, imposition of lockdown order in many states and closure of markets. The implementation of these policies in most cases are counter-productive; as they did not prevent the movement of people with possible implication of transmitting the virus. The markets were closed for about two months which happened during the annual trading boom, when most the traders used to record the highest transactions due to increase in demand. These policies resulted to the disruption of trading networks and prevented the flow of goods and services. Of course, this situation affected different categories of traders, but most affected are the small-scale traders, vendors, hawkers, transporters, food and sachet water vendors that depended on these markets for daily earnings. The immediate impacts of these policies include galloping inflation that cut across all categories of goods and services, loss of income and capital, shortage of goods supply, low transactions, poverty and unemployment. Expectedly, traders adopted different survival strategies at least to reduce or leverage severe impact of the pandemic. These strategies comprise the use of online trading, road sites trading, and increasing patronage of supermarkets as alternative to the conventional markets.
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hal-03416168 , version 1 (05-11-2021)

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Paternité - Pas d'utilisation commerciale

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  • HAL Id : hal-03416168 , version 1

Citer

Junaidu Danladi. The Economic Impact Of Covid-19 Pandemic On Kano, Nigeria. [Research Report] IFRA-Nigeria Working Papers Series 80, IFRA-Nigeria. 2021, pp.1-31. ⟨hal-03416168⟩
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