The devastating effects of COVID-19 on every sphere of human endeavour across the globe is not an understatement, specifically, the blow on the global economies. But the President of Nigeria Employers Consultative Association (NECA)’ , Mr. Taiwo Adeniyi, said the pandemic has serious consequences for Nigeria’s economy. Hence the need for more support from government to the Organised Private Sector (OPS).
Reflecting the thoughts and perspectives of the Association on present pressing national and global issues, Adeniyi said Nigeria’s over-reliance on crude oil and lack of support to businesses may make recovery long for Nigeria.
He reasoned that government should go beyond the implementation of the Oronsaye report and deliberately reduce other leakages arising from over-bloated retinue of aides of political officers and expenditure profile with no direct national development impact.
Among other things, he also warned that the uncurbed activities of herdsmen could sound the death knell of government’s effort at achieving food sufficiency in the country.