The federal ministry of humanitarian affairs, disaster management, and social development have disclosed that over one million Nigerians in the last 48 hours have applied for the recruitment into the third batch of the N-Power programme. The spokesperson for the ministry, Rhoda Iliya, in a statement on Sunday, June 28, said 400,000 applicants would be recruited into the third batch of the scheme.
The government promised that the selection process into the programme would be fair and transparent.
According to a survey conducted by Africa International Trade and Commerce Research, 97% of businesses in the country recorded losses during the lockdown while only three percent managed to break even, Premium Times reported.
Also, 87% of the companies surveyed said they have been negatively affected overall by the pandemic. This is because majority of the countries where they source their products from were on lockdown while have many more have ceased operations.
Legit.ng gathered that the survey was conducted in collaboration with the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, and others. The researchers captured data from 100 businesses across the country in the survey titled the National Survey Report on the Impact of COVID-19 on the Nigerian Private Sector. The development has led to job loss and pay cuts for those who have managed to retain their staff. The survey assessed the impact of the pandemic on medium and small scale businesses in Nigeria. It was conducted between March 9 and April 10 through e-questionnaire and telephone. According to the survey, only 13% said they have been “positively impacted” by the pandemic and they are in the health sector.