EFFECT OF COVID-19 LOCKDOWN ON THE NIGERIAN ECONOMY: AN EMPIRICAL ASSESSMENT OF NIGERIAN ECONOMY

Abstract:

The study sought to ascertain the effect of Covid-19 lockdown on the Nigerian economy: An empirical Assessment of Nigerian economy. The study adopted survey design. In this study structured questionnaires were administrated to Nigerians of different ranks in the states in Nigeria. The data collected with the questionnaires were analyzed using statistical package for social sciences (SPSS) version 20. Two hypotheses were formulated and tested using Godden Statistical tool for analysis and taro Yamane. The result of the study revealed that there is a significant positive relationship between Covid-19 economic lockdown and Nigerian economy, the study also found out that government policy has a significant positive effect on curb the economy of Nigeria. It was them recommended that,
because of globalization Covid-19 has to gain way for best practice in global health management and government policies along with other Covid-19 activities should be strictly observed in practice.