RENEWABLE ENERGY AND EXIGENCIES OF COVID-19 PANDEMIC: PROSPECTS FOR SMALL SCALE BUSINESSES IN NIGERIA

  • Ifeanyi E. Iwundu
  • ThankGod Ikenegbu
  • Matthew I. Eze

Abstract

Renewable energy extols economic development in every level of governance in emerging societies. This study was designed to identify the role of renewable energy and the difficulties in implementing the role in Nigeria during the Covid-19. The study was in Enugu urban with a population of 100 small scale business operators. It was an exploratoryresearch with questionnaire and interview used for data gathering. The study found that covid-19 pandemic led to the closure of activities in Nigeria and other places in the world. The pandemic propelled the increment in the cost/tariff of social services provided and subsidized by the government. Schools,economic and social events including sports and government offices where shut down. Some private companies including banks started down-sizing their workers due to the economic meltdown in the world. It finally exploded with the ENDSARS saga. Most of the businesses that closed down are yet to pick-up again due to the stringent economic laws. All these turned out to increase the number of hoodlums, robbers and unemployed in the society.

Veröffentlicht
2023-06-23
Rubrik
Articles