Assessment of Coping Strategies of Small Scale Businesses in Post-lockdown Era in Benue State
Assessment of Coping Strategies of Small Scale Businesses in Post-lockdown Era in Benue State
CHAPTER ONE
INTRODUCTION
1.1 Background Of The Study
The emergence of the COVID-19 pandemic brought about changes worldwide, including Nigeria. According to KPMG (2020), the pandemic pressured policymakers and supervisory institutions across the globe, sparking off several mitigating initiatives by government agencies to combat the potential negative social-economic impacts on households and businesses. Jorda, Singh, and Taylor (2020) noted that the COVID-19 Pandemic most negatively impacted businesses, while few businesses were positively affected. The virus resulted in bankruptcy and economic shutdown for many industries as consumers stayed at home. The widespread lockdown measures, among other restrictions, immediately and effortlessly affected...
