As individuals and businesses continue to feel the impact of the deadly coronavirus disease, across the globe, the Lagos Chamber of Commerce and Industry (LCCI) has said that majority (83%) of business owners, in Nigeria, might be forced to cut down salaries, downsize their workforces or carried out both, unless there are interventions to mitigate the negative effects of the pandemic on businesses, from appropriate quarters.
Disclosing this at a press briefing, on the state of the economy, held, on Tuesday, in Lagos, the Chamber’s president, Mrs Toki Mabogunje, stated that a survey carried out, recently, by the Chamber, on the impact of COVID 19 lockdown on businesses, showed that…
Source: Nigerian Tribune
