The Covid - 19 Emerging Economy

 

                              Chris Ngige

While it is unsafe to say that we are entering a post Covid - 19 era, it will be correct to say that some fundamental changes have come to stay.

It was Peter Obi , a forner Governor of Anambra State, who stated that he was approached to invest in Zoom before Covid - 19 but he refused. Today

Investors in the business are making a kill.

While the pandemic is with us, Zoom has come to stay. More on - line applications would surely follow.

Concomitantly the business of renting out offices will suffer a big blow. Already businesses  that flourished in spite of the full complements of their staff have started laying off staff.

This is the time that workers need their unions lest they are dealt the wrong end of the Covid - 19 cards.

While Governments at all levels  are battling with dwindling revenues they should not lose sight of the implications of so many people being forced into the labour market with ignominy.

An objective assessment of the situation should be made with a view to knowing what can be done to redress this ugly fall out of the pandemic.

For a start getting a data base of those affected is a good starting point. The Covid - 19 pandemic  has really laid bare our lack of statistics. Starting now could boost employment for those to be involved in the exercise. Furthermore, it would facilitate whatever measures would be needed to assist the needy.

For, all modern and forward looking societies, records with a measure of reliability are a desideratum.