THE IMPACT OF CORONAVIRUS COVID-19 ON THE NIGERIAN ECONOMY

Coronavirus was first discovered in December 2019 in Wuhan China as a Pneumonia of unknown cause. The virus spread very fast, with a number of cases and deaths in quite a short time. In January 30th 2020, the World Health Organization deemed it fit to declare the virus as a public health emergency hazard. It was named COVID-19 in February 2020. Coronavirus COVID-19 are a large family of viruses that can cause illness ranging from cold, sore throat, fever, headache etc. The viruses are zoonotic, meaning they are transmitted between animals and people. Detailed investigation showed that it was transmitted from civet cats and camels to humans. (World Health Organization, 2020).

Coronavirus was first discovered in December 2019 in Wuhan China as a Pneumonia of unknown cause. The virus spread very fast, with a number of cases and deaths in quite a short time. In January 30th 2020, the World Health Organization deemed it fit to declare the virus as a public health emergency hazard. It was named COVID-19 in February 2020. Coronavirus COVID-19 are a large family of viruses that can cause illness ranging from cold, sore throat, fever, headache etc. The viruses are zoonotic, meaning they are transmitted between animals and people. Detailed investigation showed that it was transmitted from civet cats and camels to humans. (World Health Organization, 2020). This paper seeks to ascertain the likely impact of coronavirus COVID-19 on the Nigerian economy.