Social, food businesses lose N300b to COVID-19 - News Summed Up

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Social, food businesses lose N300b to COVID-19


Hotels, event centres, night clubs, bar and joints have remained shut down. Similarly, gatherings for burials, weddings and birthdays, with associated businesses of fashion designers, event organisers, caterers, confectioners and food vendors have been affected. The social industry is made up of event centres, which are the apex in the hotel industry, as well as transportation, which helps to convey people to various places. The situation, according to CAFFAN, is compounded by the non-inclusion of fish farmers in Anchor Borrower’s Programme. It is much more than a health crisis, stressing every country it touches, triggering social and economic crises.


Source: The Guardian July 31, 2020 04:41 UTC



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