The Worldwide Financial Fund says Nigeria’s economic system is anticipated to shrink by 3.four p.c this 12 months and Africa’s largest economic system might face a recession lasting till 2021.
Oil-rich Nigeria has been hit by the plunge within the demand for vitality set off by the worldwide lockdown towards COVID-19.
And the nation’s jobless fee, already at 23 p.c, is anticipated to climb even larger.
Al Jazeera’s Ahmed Idris reviews from Abuja.