Mixed emotions as Sanwo-Olu speaks on re-opening Lagos economy

It was a mixed emotions as Sanwo-Olu speaks on re-opening Lagos economy.

The Lagos State governor, Babajide Sanwo-Olu who released the guidelines for re-opening the state’s economy has birthed various reactions from the citizens.

Sanwo-Olu when speaking at the First Securities Discount House (FSDH) tagged his guidelines “register-to-open.”

Where he expressed the government’s concerns about balancing the reactivation of economic activities and the continuation of the state’s response to contain the coronavirus (COVID-19) pandemic.

He furthered said the government’s concerns is to eliminate job loss in critical and as well provide more employment.

However, these guidelines has birthed various reactions from critical sectors in the state.

From the view of Dr. Muda Yusuf ofwho is the Director-General of Lagos Chamber of Commerce and Industry, the move to gradually open up Lagos economy was a welcomed development.

“We cannot perpetually lock down the economy. Some key sectors have been under complete lock down for two months – hospitality, aviation and entertainment. Others are still on partial lock down – trade and commerce, road transportation and maritime. These sectors are the lifeblood of the Lagos economy. We share the concerns of the state government in this respect. Of course health security is important, but economic security is no less important.” He said.

However, this is not the same with a Fellow of the Nigerian Institute of Public Relations, Dr. Kunle Ogedengbe, who sees this decision as a tardied one.

See also: Bauchi cleric says they sighted moon on Friday, so they observed Eid prayers on Saturday

Dr. Ogedengbe said;

“Locking its economy for long will hurt not only Nigerians but also some of our West African neighbours. This is because these neighbours depend on Nigerian economy through Lagos for their economic well-being.

Moreso, another citizen, Mr. Teslim Shitta-Bey, Managing Director, Proshare, said Lagos government plan on businesses registration can only make sense as long as it does not come with charges.

“Data gathering is vital to effective state management. You cannot manage what you cannot measure. Lagos depends heavily on commerce for its internally generated revenue (IGR) and SME sector. Unlocking the economy was inevitable, but the state has to follow through with proposed contagion containment initiatives through space management and environmental protocols”, Shitta-Bey said.

Recall that Nigerian News World earlier reported that Lagos State announces that she had run out of bed space at her isolation centers.

Therefore, the state decided to admit only critical cases at her isolation centers.

Photo Credit: Vanguard News

Get our news across social media: Facebook – Nigeria News World; Twitter – @naijanewsworld; Telegram – @naijanewsworld; WhatsApp – 08145286945

AD: Get domain name at the cheapest rate from Nigeria domain name provider, Click here.

One thought on “Mixed emotions as Sanwo-Olu speaks on re-opening Lagos economy”

Leave a Reply

Your email address will not be published. Required fields are marked *

Enable Notifications    Ok No thanks