₦airaland Forum

Omooba77:
Some aggrieved indigenes of Southern Kaduna on Saturday agreed on a peace deal, in a bid to put an end to the protracted crisis in the area.

The peace deal was reached during a meeting between the Atyap, Fulani and Hausa communities in the area.

The meeting was convened by His Highness, the Agwatyap, Dominic Gambo Yahaya at the Mariyamu and Yakubu Event Centre in Ungwan Wakili.

Participants at the meeting condemned the killings and the destruction witnessed in the communities.


In a 14-point resolution, all warring members of the communities cautioned residents of Atyap Chiefdom not to take laws into their hands.

It was agreed that aggrieved members of the community should always report their grievances to lawful authorities.

The communique reads, “The meeting appreciated the fact that all Nigerians have the constitutional or fundamental rights to move and reside anywhere in Nigeria, including Atyap Chiefdom, without any fear, molestation or harassment from anybody or any source whatsoever.

NEWS: 2023: Why Tinubu will perform better than Buhari if he becomes president - Tanko Yakassai

“The summit, therefore, calls on the authorities to facilitate the return of displaced persons.

“It recommended the establishment of a standing peace committee that should comprise of Hausa, Fulani and Atyap and their youth to organise robust engagement/dialogue on security issues from time to time with a view to sustaining peaceful coexistence.”

Present at the meeting were the President of Southern Kaduna People’s Union, Jonathan Asake, and spokesperson of the group, Luka Binniyat.

https://dailypost.ng/2020/08/22/breaking-southern-kaduna-fulani-hausa-atyap-agree-to-peace-deal/

Which peace, do these killers forgive and forget? The southern kaduna people should not sleep with thier eyes closed o

Amitez:
APC can only win in 2 LGA of Edo State, Orhoiwon and Etsako West. Finito, the rest na Obaseki even with rigging. It is only in Orhiowon tha POI can try ward to ward campaign because he is from there. He can't try it in Oredo. It would ve a disaster.

From your heart, you know you don't know what you are saying

Golan007:
Very good.

Is it not Wike that has been sponsoring massive killings in Rivers state?

Demolishing private property despite court orders against such.


Obasanjo ordered the mowing down of Odi.

A crime was committed in Odi before soldiers a military action was authorized in Odi. Learn from history so that you don't become a future victim

And El Rufai is busy scheming to become a Speaker at the NBA conference when his state is on fire

EtinosaDLaw:
Edo Government says the ongoing Modular Refinery project at Ologbo in Ikpoba-Okha Local Government Area of the state, will on completion, drive the state’s industrial revolution quest.

Mr Crusoe Osagie, Special Adviser to Gov. Godwin Obaseki on Media and Communication Strategy, made this known in a statement made available to the News Agency of Nigeria (NAN) in Benin on Sunday.

He said the Edo Modular and Refinery Company Ltd. and AIPCC Energy, were on the verge of completing the 5,500bpd Edo Modular Refinery, now at 70 per cent completion stage.

“This is a key legacy project by the Gov. Godwin Obaseki-led administration to recalibrate the state’s industrial base, birthed through a Memorandum of Understanding (MoU).

“The project, sited at Ologbo in Ikpoba Okha Local Government Area, would produce from its feedstock 50 per cent of diesel (500,000 litres), 25 per cent of naphtha (300,000 litres) and 20 per cent of fuel oil (200,000) litres.

“The crude is to be sourced from the Nigerian Petroleum Development Company’s (NPDC) facility – oil mining lease (OML) 111, near Benin City.

“The Chinese consortium handling the construction of the modular refinery is made up of Peiyang Chemical Equipment Company of China (PCC), Sinopec International Petroleum Service Corporation (SIPS) and African Infrastructure Partners (AIP),” he said.

Osagie said the modular refinery project was among the growing list of ongoing legacy projects through MoU with local and international private investors, which included the 55MW CCTEC Ossiomo Power Plant, which had been completed and ready for use.

“The Benin Enterprise and Industrial Park, which development is ongoing and the Benin River Port, for which preliminary works are ongoing,” he said.

He said the governor was committed to resetting the economy of the state for prosperity and industrial growth.

According to him, the local content component of the refinery project ensures that Edo citizens are trained in welding, refinery operation and fabrication works to enable them participate in the construction of the refinery as well as its operation, post-commissioning.

“The refinery is at 70 per cent completion and we are very sure that it will soon be ready for commissioning,” Osagie said.


He added that the actualisation of the project was premised on the governor’s smart thinking and financial savviness from which he mobilised funds and resources to initiate and execute the project.

“Recall that the Edo State EXCO approved the release of N700 million as redeemable preference shares (investment) in the Edo Refinery and Petrochemical Company Ltd.

“The venture is expected to create legitimate employment opportunities, thereby reducing poverty, provide job opportunities for teeming youths in the communities.

“To facilitate the establishment of a fabrication yard as proposed by the promoters and create basis for expertise, professionalism and further training in the oil and gas industry.

“The take-off of the Edo Refinery and Petrochemicals Company benefits from a series of groundwork by the Obaseki-led administration that led to the setting up of Edo Investment Scheme Ltd.

“A Special Purpose Vehicle (SPV) to hold N2 billion investment funds in which the Ministry of Finance Incorporation (MOFI) and the Edo State Oil and Gas Producing Areas Development Commission (EDSOGPADEC) are to hold shares of 20 percent and 80 per cent respectively,” he said.

Osagie noted that the project would facilitate the state’s investment in various initiatives across the oil and gas sector, petroleum exploration, drilling and filling stations, sales and supply of gas, agro-allied products, petroleum and petrochemical products and other related businesses


https://www.youtube.com/watch?v=4DGRbflQr8w

Source: https://www.google.com/amp/s/guardian.ng/news/modular-refinery-will-drive-industrial-revolution-in-edo/amp

Decieit from the Obaseki government. A private sector project, with Edo having less than 10% shares.

A traitor like him. No wonder, he's best friend of Gov. Obaseki, a fugitive traitor

[quote author=anonimi post=92879039][/quote]My brother, non of these project are projects of the state government. Go and ask questions from Edo people themselves

omonaijiria:
Peoples Democratic Party faithful and the people of Uzebba, Owan West Local Government Area, today welcome the People Governor Godwin Obaseki and His Deputy Shuaibu.

Speaking to party members in Wards 9 and 10, Governor Obaseki reaffirmed His administration’s commitment to educational reforms in Edo State.

The Governor further said: In line with my resolve to direct the resources of the state towards human capacity development, I shared my plans to establish a new technical college in Uzebba, which will boost Technical and Vocational Education and Training (TVET).

On his part, the Chairman of Owan West Local Government Area, Frank Ilaboya, applauded my government’s developmental strides across all sectors of the state and for positively impacting the lives of our people.

Mr. Ilaboya also assured me that voters in the area will come out en masse on September 19, 2020, to ensure that I am reelected.

Obaseki has started promises he will stubbornly and wickedly not fulfill, as same way he, along Oshiomole promised Edo people heaven on earth in 2016. I think he will do Edo people a lot of good if he can show the people what he did for them out of his previous promises.

Nobodycan:
If APC enter Edo back again ,another Fight go start soon ,because all the people may they support Ize Iyamu na Cultist

And cultists are not supporting Obaseki?

MrGoood:
Write it down today, Obaseki will carry that day, If not with wide margin am sure something will lead to another and he will be there for another 4 years. The Governors against Obaseki re either two term Governors or those Osomole assisted to get power, No Governor that struggle to win in his 1st term will support his removal, Ambode yesterday, Obaseki today , Who will it be Tomorrow? God bless APC Gov Zulum that refuse to be part of this. If Apc Governor That personally knows Oshomole can detect the shit he is doing then who re you to support the same Oshomole

Gov. Zulum did not deliberately wouldn't want to be part of the APC electioneering processes, instead he has more serious issues in his Borno state to contend with at the moment.

dre11:
SOURCE

The source no go pass PM News Express

donbachi:
I dont see an igbo president come 2023..they are their own nightmares.

Another Igbo man will initiate and succeed to mpeach his Igbo brother for pecuniary gains. When they had the Senate Presidency, we are privy to how the position was battled by themselves

Audio projects indeed

OLDESTWARRIBOY:
This just prove that the Nigerian Government has a lackadaisical attitude

See them below..this one be like who wan perform magic show

Na so he b like ajasco

fergie001:
He can't be empowered.
He wasn't ratified by a mini convention or NEC according to the APC Constitution.

So even if Giadom goes down, in that he resigned to contest as Deputy Gov in Rivers, the next in line after Giadom will take over.

I still blame Buhari and Oshiomhole.

Oga, there is a Deputy Vice Chairman, South-South, who is ahead of Giadom in hierarchy. So Giadom is just playing to gallery and acting a script for some unknown persons

OZAOEKPE:
Adams go shock soon...

Adams should be ready for war with shaibu, he know say na only him village he get crowd. Shaibu go take the battle to am. He go see am

You guys aren't seen anything from Oshiomole yet

rottencorpse:
As for me, I'll invite all my relations for a feast with the agenda of thanking God for seeing us through in good heath. What will you do?

COVID-19 has come to stay, same way HIV7AIDS, Lassa fever, Malaria came and couldn't go away. It will only take the lucky vaccine to stem/mitigate and not eradicate the virus. So, till the vaccine comes, we are faced with this pandemic in years ahead

Mikespecialone:
Very early this morning, this monkey came out of the bush into my house. I spotted it, called two guys to kill it......

God self know, I never chop meat for long and he sent me this....Front page please

See the monkey teeth like your teeth

GamalNasser:
Hmmm just yesterday I was saying to a friend that I suspect they will close a diamond bank in my estate and I was right , looks they are closing diamond bank branches in areas where they already had Access branches , Methinks Herbert Wigwe is just using COVID crunch as an excuse to ditch Diamond bank staff he inherited in the acquisition

I think I agree with you, otherwise I see no sense in closing ACCESS Bank (formerly Diamond Bank Plc), Ademola Adetokunbo Crescent in Abuja. It's one of the busiest banks in Abuja. I believe the Diamond Bank factor is at play

That Alhaji must given you doese of "stuffs"

They don't need to think twice where to take your money to. They can easily purchase crypto currencies and see thier monies increases in value within a short time. Bitcoins was 6900 USD per 1 BTC last week, but as at this morning, it has its valued at 7,600 USD per BTC. See the profit if you had bought 1 BTC last week and you decided to sell it today? That's a massive 700 USD profit margin within a week! This Bitcoins you can easily withdraw in Naira or USD through your local banks. If you are interested in Crypto investment (particularly Bitcoin and Ethereum), link up with me on 08025367696.

Meanwhile, if you wish to earn extra income(Bitcoins) without investing a dime, but just by performing daily tasks such as PTC, Adverts clicks, etc, jump in here and register: Open and register thru this link: https://clicxads.com/register.aspx?u=9708

lalasticlala:
Davido yesterday, April 26, 2020 shocked fans by referring to talented actress, Mercy Johnson and her husband, Prince Odi Okojie as 'wicked, evil people'.

Plus-sized actress, Eniola Badmus had shared a throwback photo of the actress claiming that she has given birth to her 4th child which Mercy Johnson's husband later denied.

Commenting on Eniola Badmus congratulatory post on Instagram, Davido said:

"Wicked pple .... congrats tho,"

When a follower asked Davido the reason behind his post calling out the couple, Davido replied:

"Nothing just evil set of pple that’s all."

People are wondering why Davido called out the couple.


Meanwhile check out this report below. Could it be the reason why Davido called them wicked couple?

David trusts in his Korofo, his God, hence he can rant like a spoiled child.

dre11:
• Naira falls to N498/$ in forwards market





https://thenationonlineng.net/dollar-scarcity-stops-capital-repatriation-by-investors/

They don't need to think twice where to take thier money to. They can easily purchase crypto currencies and see thier monies increases in value within a short time. Bitcoins was 6900 USD per 1 BTC last week, but as at this morning, it has its valued at 7,600 USD per BTC. See the profit if you had bought 1 BTC last week and you decided to sell it today? That's a massive 700 USD profit margin within a week! This Bitcoins you can easily withdraw in Naira or USD through your local banks. If you are interested in Crypto investment (particularly Bitcoin and Ethereum), link up with me on 08025367696.

Meanwhile, if you wish to earn extra income(Bitcoins) without investing a dime, but just by performing daily tasks such as PTC, Adverts clicks, etc, jump in here and register: Open and register thru this link: https://clicxads.com/register.aspx?u=9708

magicminister:
It’s high time we push for a law that makes it impossible for former head of states to become civilian president. Though mediocre, The biggest strides we made in our democracy were during the Jonathan/Yaardua era.

We should not keep recycling the old people with ideas that never worked!

Don't forget Obasanjo laid the solid foundation that Yar'adua/Jonathan built on.

CollinsWeGlobe:
After more than two months of quarantine — my beards are like that of Rick Rubin, my tummy is big, depression every day, my thought about life would be different now and I still have two more months to stay indoor.

I’ve been quarantined for 9 weeks (63 days). Today is Orthodox Easter so I stepped out of the house to receive fresh air.

Check out soon of my photos below.

You dey fear death?

Ihatefeminist:
nah wah oo
Old mama like this dey born when 29 year old chicks don dey enter menopause for my area

Read the accompanying statement from LUTH before you vomit rubbish

molly75:
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Is Madalla Abuja?

Me that thought COVID-19 has comes to an end in the FCT!!!

informationNaija:
A walk to Kaduna Express road this morning, no movement, no activities

And the kaduna road kidnappers have suddenly gone into self quarantine

ADDRESS BY H.E. MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA ON THE EXTENSION OF COVID- 19 PANDEMIC LOCKDOWN AT THE STATE HOUSE, ABUJA
MONDAY, 13TH APRIL, 2020

1. Fellow Nigerians

2. In my address on Sunday, 29th March, 2020, I asked the residents of Lagos and Ogun States as well as the Federal Capital Territory to stay at home for an initial period of fourteen days starting from Monday, 30th March 2020.

3. Many State Governments also introduced similar restrictions.

4. As your democratically elected leaders, we made this very difficult decision knowing fully well it will severely disrupt your livelihoods and bring undue hardship to you, your loved ones and your communities.

5. However, such sacrifices are needed to limit the spread of COVID-19 in our country. They were necessary to save lives.

6. Our objective was, and still remains, to contain the spread of the Coronavirus and to provide space, time and resources for an aggressive and collective action.

7. The level of compliance to the COVID-19 guidelines issued has been generally good across the country. I wish to thank you all most sincerely for the great sacrifice you are making for each other at this critical time.

8. I will take this opportunity to recognise the massive support from our traditional rulers, the Christian Association of Nigeria (CAN) and the Nigerian Supreme Council for Islamic Affairs (NSCIA) during this pandemic.

9. I also acknowledge the support and contributions received from public spirited individuals, the business community and our international partners and friends.

10. I must also thank the media houses, celebrities and other public figures for the great work they are doing in sensitizing our citizens on hygienic practices, social distancing and issues associated with social gatherings.

11. As a result of the overwhelming support and cooperation received, we were able to achieve a lot during these 14 days of initial lockdown.

12. We implemented comprehensive public health measures that intensified our case identification, testing, isolation and contact tracing capabilities.

13. To date, we have identified 92% of all identified contacts while doubling the number of testing laboratories in the country and raising our testing capacity to 1,500 tests per day.

14. We also trained over 7,000 Healthcare workers on infection prevention and control while deploying NCDC teams to 19 states of the federation.

15. Lagos and Abuja today have the capacity to admit some 1,000 patients each across several treatment centres.

16. Many State Governments have also made provisions for isolation wards and treatment centres. We will also build similar centers near our airports and land borders.

17. Using our resources and those provided through donations, we will adequately equip and man these centres in the coming weeks. Already, health care workers across all the treatment centers have been provided with the personal protective equipment that they need to safely carry out the care they provide.

18. Our hope and prayers are that we do not have to use all these centres. But we will be ready for all eventualities.

19. At this point, I must recognise the incredible work being done by our healthcare workers and volunteers across the country especially in frontline areas of Lagos and Ogun States as well as the Federal Capital Territory.

20. You are our heroes and as a nation, we will forever remain grateful for your sacrifice during this very difficult time. More measures to motivate our health care workers are being introduced which we will announce in the coming weeks.

21. As a nation, we are on the right track to win the fight against COVID-19.

22. However, I remain concerned about the increase in number of confirmed cases and deaths being reported across the world and in Nigeria specifically.

23. On 30th March 2020, when we started our lockdown in conforming with medical and scientific advice, the total number of confirmed cases across the world was over 780,000.

24. Yesterday, the number of confirmed COVID-19 cases globally was over one million, eight hundred and fifty thousand. This figure is more than double in two weeks!

25. In the last fourteen days alone, over 70,000 people have died due to this disease.

26. In the same period, we have seen the health system of even the most developed nations being overwhelmed by this virus.

27. Here in Nigeria, we had 131 confirmed cases of COVID-19 in 12 States on 30th March 2020. We had two fatalities then.

28. This morning, Nigeria had 323 confirmed cases in twenty States. Unfortunately we now have ten fatalities. Lagos State remains the center and accounts for 54% of the confirmed cases in Nigeria. When combined with the FCT, the two locations represent over 71% of the confirmed cases in Nigeria.

29. Most of our efforts will continue to focus in these two locations.

30. Majority of the confirmed cases in Lagos and the FCT are individuals with recent international travel history or those that came into contact with returnees from international trips.

31. By closing our airports and land borders and putting strict conditions for seaport activities, we have reduced the impact of external factors on our country. However, the increase in the number of States with positive cases is alarming.

32. The National Centre for Disease Control has informed me that, a large proportion of new infections are now occurring in our communities, through person-to-person contacts. So we must pay attention to the danger of close contact between person to person.

33. At this point, I will remind all Nigerians to continue to take responsibility for the recommended measures to prevent transmission, including maintaining physical distancing, good personal hygiene and staying at home.

34. In addition, I have signed the Quarantine Order in this regard and additional regulations to provide clarity in respect of the control measures for the COVID-19 pandemic which will be released soon.

35. The public health response to COVID-19 is built on our ability to detect, test and admit cases as well as trace all their contacts. While I note some appreciable progress, we can achieve a lot more.

36. Today, the cessation of movement, physical distancing measures and the prohibition of mass gatherings remain the most efficient and effective way of reducing the transmission of the virus. By sustaining these measures, combined with extensive testing and contact tracing, we can take control and limit the spread of the disease.

37. Our approach to the virus remains in 2 steps - First, to protect the lives of our fellow Nigerians and residents living here and second, to preserve the livelihoods of workers and business owners.

38. With this in mind and having carefully considered the briefings and Report from the Presidential Task Force and the various options offered, it has become necessary to extend the current restriction of movement in Lagos and Ogun States as well as the FCT for another 14 days effective from 11:59 pm on Monday, 13th of April, 2020. I am therefore once again asking you all to work with Government in this fight.

39. This is not a joke. It is a matter of life and death. Mosques in Makkah and Madina have been closed. The Pope celebrated Mass on an empty St. Peter’s Square. The famous Notre Dame cathedral in Paris held Easter Mass with less than 10 people. India, Italy and France are in complete lockdown. Other countries are in the process of following suit. We can not be lax.

40. The previously issued guidelines on exempted services shall remain.

41. This is a difficult decision to take, but I am convinced that this is the right decision. The evidence is clear.

42. The repercussions of any premature end to the lockdown action are unimaginable.

43. We must not lose the gains achieved thus far. We must not allow a rapid increase in community transmission. We must endure a little longer.

44. I will therefore take this opportunity to urge you all to notify the relevant authorities if you or your loved ones develop any symptoms. I will also ask our health care professionals to redouble their efforts to identify all suspected cases, bring them into care and prevent transmission to others.

45. No country can afford the full impact of a sustained restriction of movement on its economy. I am fully aware of the great difficulties experienced especially by those who earn a daily wage such as traders, dayworkers, artisans and manual workers.

46. For this group, their sustenance depends on their ability to go out. Their livelihoods depend on them mingling with others and about seeking work. But despite these realities we must not change the restrictions.

47. In the past two weeks, we announced palliative measures such as food distribution, cash transfers and loans repayment waivers to ease the pains of our restrictive policies during this difficult time. These palliatives will be sustained.

48. I have also directed that the current social register be expanded from 2.6 million households to 3.6 million households in the next two weeks. This means we will support an additional one million homes with our social investment programs. A technical committee is working on this and will submit a report to me by the end of this week.

49. The Security Agencies have risen to the challenges posed by this unprecedented situation with gallantry and I commend them. I urge them to continue to maintain utmost vigilance, firmness as well as restraint in enforcing the restriction orders while not neglecting statutory security responsibilities.

50. Fellow Nigerians, follow the instructions on social distancing. The irresponsibility of the few can lead to the death of the many. Your freedom ends where other people’s rights begin.

51. The response of our State Governors has been particularly impressive, especially in aligning their policies and actions to those of the Federal Government.

52. In the coming weeks, I want to assure you that the Federal Government, through the Presidential Task Force, will do whatever it takes to support you in this very difficult period. I have no doubt that, by working together and carefully following the rules, we shall get over this pandemic.

53. I must also thank the Legislative arm of Government for all its support and donations in this very difficult period. This collaboration is critical to the short and long-term success of all the measures that we have instituted in response to the pandemic.

54. As a result of this pandemic, the world as we know it has changed. The way we interact with each other, conduct our businesses and trade, travel, educate our children and earn our livelihoods will be different.

55. To ensure our economy adapts to this new reality, I am directing the Ministers of Industry, Trade and Investment, Communication and Digital Economy, Science and Technology, Transportation, Aviation, Interior, Health, Works and Housing, Labour and Employment and Education to jointly develop a comprehensive policy for a “Nigerian economy functioning with COVID-19”.

56. The Ministers will be supported by the Presidential Economic Advisory Council and Economic Sustainability Committee in executing this mandate.

57. I am also directing the Minister of Agriculture and Rural Development, the National Security Adviser, the Vice Chairman, National Food Security Council and the Chairman, Presidential Fertiliser Initiative to work with the Presidential Task Force on COVID-19 to ensure the impact of this pandemic on our 2020 farming season is minimized.

58. Finally, I want to thank the members of the Presidential Task Force on COVID-19 for all their hard work so far. Indeed, the patriotism shown in your work is exemplary and highly commendable.

59. Fellow Nigerians, I have no doubt that by working together and carefully following the rules, we shall get over this pandemic and emerge stronger in the end.

60. I thank you all for listening and may God bless the Federal Republic of Nigeria.

HyzExcellencee:
5 TYPES OF BUSINESSES THAT ARE THRIVING DURING COVID-19 PANDEMIC by Chinedu Nnawetanma

The Coronavirus Pandemic has hit the world economy like a ton of bricks. Countless businesses across various industries have practically shutdown or are operating at fraction of their full capacity as a result of the restrictions on movement imposed by governments around the world to curtail the spread of the virulent COVID-19.

The International Monetary Fund (IMF), through its Managing Director, Kristalina Georgieva, on March 27 confirmed that the global economy has already slipped into a recession. Also, the Organization for Economic Co-operation and Development (OECD) cut its GDP growth forecast for global economy for the year 2020 to 2.4%, the lowest rate since the 2008-2009 financial crisis. At the national levels, the United States, United Kingdom, Italy, France and Malaysia are just a few of the countries that are almost certainly headed for a recession.

However, not every business has been negatively impacted by the global pandemic. Businesses in certain industries are actually thriving amidst the COVID-19-induced economic downturn. Changing lifestyle and business patterns occasioned by the restrictions on movement in various parts of the world means that people are now forced to spend much of their time indoors and engage in indoor and online activities, albeit temporarily. This has opened up a window of opportunity for online-oriented businesses.

Below are 5 peculiar industries that are currently witnessing uncommon growth in a recession-hit global economy.

1. Healthcare: It goes without saying that this is a boom period for businesses in the healthcare industry and its value chain. A lot of medical products and services are in high demand, such as surgical masks, hand sanitizers, disinfectants, vitamins and supplements, home healthcare and medical supplies, with many healthcare companies struggling to meet demands. Though saving lives is paramount in times like this, that has not stopped healthcare companies from smiling to the bank.

2. Social Media: Social media consumption has risen sharply across the world since the onset of the coronavirus crisis. According to a survey by the London-based market research firm, Kantar, in 30 economies between March 14 and 24, instant messaging giant, WhatsApp, has seen a 40% increase in usage due to the COVID-19 pandemic. Similarly, social networking platform Facebook has witnessed a 37% bump in usage since the crisis began.

Thanks to the ubiquity of the digital media, people are now discovering and leveraging novel ways of staying in touch with friends, family and colleagues; keeping abreast of happenings within their locality and around the world; and combating boredom amidst the lockdown.

3. Telecommuting: Organizations, including businesses, government agencies and religious bodies, have been forced to modify the way they operate in order to simultaneously keep their employees safe and ensure that their operations do not grind to a halt during the pandemic. More people than ever before are now working remotely. This phenomenon has elevated telecommuting platforms once considered luxuries to bare essentials of the work setting.

While stock markets have crashed and sent shares of travel and logistics companies like Uber and Lyft plummeting, the valuations of telecommuting companies like the video calling app Zoom have skyrocketed. The estimated net worth of Zoom's founder, Eric Yuan, has increased by more than $4 billion since the start of the coronavirus crisis.

4. Gaming: The entertainment industry generally is among the worst-hit industries in the coronavirus crisis. Movie studios have suspended production, sporting events have been cancelled, cinemas are shut, advert revenues for TV companies have dried up and streaming services like Netflix are struggling to churn out new content that will keep their subscribers engaged.

But the surge in demand for home entertainment has particularly benefited one niche business in the entertainment industry: online video gaming. US telco, Verizon, revealed in a recent report that video gaming traffic on its internet network during peak hours has spiked by as much as 75% since the shutdown in the United States began, and similar figures have been reported by other sources across other gaming hubs around the world.

5. E-learning: For many, this lockdown is an opportunity for self-improvement. And they have seized it to develop their knowledge and expand their skill set by taking online courses in software development, cooking, makeup, fashion design, foreign languages and entrepreneurship, among others. Parents have also enrolled their children in online academic programs while waiting for schools to resume.

All in all, apart from businesses in the healthcare industry (for obvious reasons), the biggest winners – for the lack of a more somber term – here are online-based and online-oriented businesses. A key takeaway for entrepreneurs during this economic gloom and doom should be the need to embrace the digital economy.

by Chinedu Nnawetanma
IG & Twitter: @Chinedugn

https://nairametrics.com/2020/04/04/five-industries-that-thrive-in-covid-19-downturn/

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topsy23:
Yes sir that's the discounted price

Okay