The Minister of Industry, Trade and Investment, Dr. Doris Uzoka Anite, has revealed that the “End Bad Governance in Nigeria” protest has inflicted a significant economic loss on the nation, amounting to an estimated N500 billion.
The Minister, in a post shared on her official X handle, expressed deep concern over the loss of lives and the extensive damage caused by the protests.
Dr. Anite lamented the tragic death toll, which has now reached 21, and highlighted the destruction of goods valued at approximately N52 billion. She noted that the widespread looting and damage have been a substantial setback for businesses and entrepreneurs across the country, further compounding the economic challenges.
“The loss of lives during the protests is saddening. My thoughts are with the families affected. The looting, resulting in billions lost, is a severe setback for our economy and entrepreneurs. Let’s honor those we’ve lost by striving for more peaceful and constructive dialogue,” Dr. Anite stated.
Oreoluwa is an accountant and a brand writer with a flair for journalism.
