Augustine Sambo Azi (Phd)
Department of Social Science Education, Faculty of Education, University
of Jos, Nigeria
aziaustin@yahoo.com
Date Received: January 18, 2020; Date Revised: April 19, 2020
Asia Pacific Journal of Academic Research in Business Administration
Vol. 6 No.1, 82-87 April 2020
P-ISSN: 2467-6691 E-ISSN: 2467-5148
apjarba@lpubatangas.edu.ph
Impact of Covid-19 on Nigeria’s Economy: Implication on the Education Sector 715 KB 6 downloads
Augustine Sambo Azi (Phd) Department of Social Science Education, Faculty of Education,...This theoretical paper examined the impact of COVID-19 on Nigeria’s economy with its attendant implication on its education sector. The paper revealed that the first confirmed case of COVID-19 was discovered in Wuhan, China in December, 2019. Nigeria recorded its first confirmed case in February, 2020. The disease affected the economy of Nigeria because the country depends on proceeds from the sale of its crude oil in the international market, the price of the product crashed with the advent of the disease since countries were no longer buying, this made the Nigerian economy to lose revenue. The impact of the disease was however severe on the country’s economy because the country was a monolithic economy, lacked adequate data, had high poverty and unemployment rate among others. Furthermore, since schools were closed in Nigeria because of the pandemic, students, families, assessments, graduates and educational stakeholders were affected. It was recommended among others that the country should diversify its economy and also use technology to teach its students from their homes.
Keywords: COVID-19, Nigeria, Economy, Education Sector