The National Coordinator, Concerned Advocates for Good Governance, CAGG, Barrister Olusegun Bamgbose, Esq, has called on President Muhammadu Buhari to, without further delay, earmark the sum of N250 billion as emergency economic package for the jobless in the country.
He noted that the COVID-19 disease currently hiting the country may sooner or later paralyze economic activities globally.
Bamgbose, a senior lawyer, also noted that everywhere: markets, motor parks, schools and both private and public institutions are closing down.
In statement to DAILY POST on Saturday, he noted that “this certainly will increase the hardship experienced by Nigerians. Companies, civil servants are shutting down. This ugly scenario will certainly lead to economic meltdown.
“One seriously doubts if any company or government agencies will think about recruitment now. In essence, the jobless will certainly be badly hit because of the economic standstill.
“The Federal Government should consider the plight of the jobless and as a matter of urgency earmark about N250b as emergency economic package for the jobless in the country.
“The days ahead will obviously be tough and there will be need for the government to think ahead and arrest the situation.”
The legal practitioner argued that with the current spate of things, if nothing meaningful was done, crime rate will shoot up.
He said Presidency should as a matter of priority set up Federal Emergency Economic Package, FEEP, Committee to manage the crisis that may erupt as a result of COVID-19, adding that “One will expect the Presidency to do more to cussion the effects of the virus.”
Nigeria now has 81 confirmed cases of the virus with public, private institutions, churches, schools, motor parks, shut down.
States are already closing their borders.