The World Bank says immediate policy action is needed to curb the long-term impacts of the COVID-19 crisis on the lives and livelihoods of Nigerian households.
The bank said this in a report it released on Wednesday, titled “COVID-19 in Nigeria: Frontline Data and Pathways for Policy”.
The report said that COVID-19 had hit countries with a health and economic shock whose effects will be felt far into the future.
According to it, in countries like Nigeria that already faces complex development challenges, the pandemic continues to affect health outcomes, human-capital accumulation, household poverty and coping strategies and labor-market dynamics.
The report which draws on innovative sources of high-frequency data, such as the Nigeria COVID-19 National Longitudinal Phone Survey, to inform the choices that Nigeria’s leaders now face.
