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The study examined the relationship between COVID-19: a Situation Analysis of Nigeria’s Economy To carry out this study, one specified research objective was set in which the null hypothesis was formulated and used for the study The research design for this study is an Export Facto design Data for the study were extracted from government official documents and they were subjected to The Philip Peron (PP) test analysis using Bartlett-kernel procedure to determine the bandwidth for the test The study concluded that in the long-run, impact of COVID-19 on Nigeria\'s economy is positive as expected, indicating that a unit decrease in oil price as a result of the COVID-19 increases Nigeria’s economy stress by 0 005 units The result is also statistically significant And also, recommended that the government should intensify efforts to curb the spread and effect of the virus to promote a healthy environment where economic activities can continue A moratorium should be given to some SMEs, industries, businesses to help their business sprout again Because of them has used the business working capital/operational cost for family feeding during the lock-down The government can give interest-free loans to help some stressed business swing into operation © 2020, Hampstead Psychological Associates All rights reserved
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International_Journal_of_Psychosocial_Rehabilitation
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Covid-19: A situation analysis of nigeria’s economy
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