Nigeria economy is too fragile to bear another COVID-19 lockdown – Buhari


President Muhammadu Buhari said that the nation’s economy is too fragile to go into another lockdown, as the second wave of coronavirus forces some European countries – Germany and France, to enter another phase of lockdown.

The President disclosed this in a social media statement on Thursday via his official Twitter handle.

Buhari said Nigeria will work hard to control its local spread, as the country can’t afford a lockdown.

According to him, “Looking at the trends in other countries, we must do all we can to avert a second wave of COVID-19 in Nigeria. We must make sure that our cases, which have gone down, do not rise again. Our economy is too fragile to bear another round of lockdown.”

Buhari had in March imposed a total lockdown on parts of the country including Lagos, Abuja, and Ogun. The lockdown lasted for over five weeks and had a tremendous effect on the country’s economic activities.

The Presidential Task Force on COVID-19 had at its many briefings frowned on the disregard for COVID-19 protocol by Nigerians while warning against a second wave of the virus in the country.

The task force had also urged citizens to obey social distancing, use of face masks, and regular washing of hands, amongst others.

The Nigeria Centre for Disease Control, said the country has recorded over 62,000 infections including over 1,100 deaths.

According to a Bloomberg report, the rising cases of COVID-19 in Europe have led to another phase of lockdowns, with the Eurozone’s 2 biggest economies, Germany and France announcing new lockdowns restrictions.

“The measures we’ve taken have turned out to be insufficient to counter a wave that’s affecting all Europe,” said French President Emmanuel Macron

In August, Buhari approved the extension of the second phase of eased lockdown by another four weeks.

Nigeria’s Gross Domestic Product (GDP) in real terms declined by 6.10per cent (year-on-year) in Q2 2020, ending the 3-year trend of low but positive real growth rates recorded since the 2016/17 recession.