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Please use this identifier to cite or link to this item: http://ngfrepository.org.ng:8080/jspui/handle/123456789/3440
Title: 6th IGR PLE - BACKGROUND PRESENTATION
Authors: David Nabena
Keywords: TAX
REVENUE
PEER LEARNING
BUDGETS
REVENUE GENERATION
STATE TAXES -NIGERIA
Issue Date: 14-Dec-2020
Publisher: Nigeria Governors' Forum Publishing
Citation: David Nabena (2020) 6th IGR PLE - BACKGROUND PRESENTATION
Series/Report no.: IGR PLE;2020
Abstract: Since 27th February 2020 when the first case of COVID -19 was reported in Nigeria, governments at both the federal and State level have taken several actions – including a series of lockdown measures which forced businesses and households to give up work, school, trade, and events. According to an April -May 2020 survey conducted by the National Bureau of Statistics, 42% of Nigerians stopped working during the period mainly for reasons related to COVID -19, particularly those in farming or family businesses. The labour -force impact was particularly high in the commerce and service sectors. Unlike the 2008/09 and 2014 -16 crises which were triggered by financial and oil market failures respectively, the 2020 crisis came with a human cost. Governments have responded by expanding the scope of social investment programmes, tax relief, loans, grants and subsidies to mitigate the economic impact on citizens and businesses, including food supply to vulnerable households.
URI: http://ngfrepository.org.ng:8080/jspui/handle/123456789/3440
Appears in Collections:2020 IGR PEER LEARNING EVENT

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