Business Owners' Concerns About Protests

Started by Dev Sunday, 2024-08-02 03:05

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Business owners in Nigeria are worried that the ongoing protests against bad governance and economic hardship will negatively impact their productivity and revenue. Their concerns include:

- Loss of Revenue: The protests could lead to a loss of N400 billion daily, as estimated by the Centre for the Promotion of Private Enterprise (CPPE).
- Disruption of Business Activities: The protests have already caused a disruption in business activities, with many shops and businesses closed due to fear of violence or looting.
- Fear of Violence and Looting: Business owners are afraid that the protests could turn violent, leading to looting and destruction of their properties.
- Impact on Employees: The protests could also affect employees, who may be unable to come to work due to the disruptions caused by the protests.

Measures to Mitigate the Impact

Some business owners are taking measures to mitigate the impact of the protests on their businesses, such as:

- Working from Home: Some employers are asking their employees to work from home to avoid the disruptions caused by the protests.
- Closing Businesses: Some business owners are closing their businesses temporarily until the protests are over.
- Seeking Security: Some business owners are seeking security measures to protect their businesses from looting and destruction.

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