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Looting Businesses,An Impediment To An Already Strained Ecnomy- NOA

by Niyi Ojo
October 26, 2020
in News
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Mobs Loot COVID19 Warehouse In Abuja
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The National Orientation Agency has said that continuous looting of warehouses and private owned businesses will have negative effects on the economy.

NOA said this via its Twitter handle on Monday and urged Nigerians to stop looting.

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#EndSARS protesters could not have envisaged looting of this magnitude, an act completely different from genuine agitations/demands of lawful protesters.

“Hurting businesses will traumatize owners with attendant negative effects on nation’s fragile economy.

READ ALSO :Trump Accuses Media Of Fake COVID19 Update

“#COVID19 has affected the world economy beyond imagination of which #Nigeria is no exemption. Economy is in need of a quick restart, and any impediment can slow down economic recovery efforts. Looting businesses is an impediment to an already strained economy.

“Quite number of both public and private buildings have been vandalised and looted resulting in loss of unimaginable amount of money.

“We sympathise with business owners whose investments have been touched by vandals and looters,” the tweets read.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
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