The corona virus, known as covid19 pandemic which became prominent in 2019, traceable to Wuhan, China has caused a lot of deaths in Nigeria and all over the world and has overtly ravaged the Nigerian and global economy. One of the cardinal duties of government is to provide infrastructure to the citizenry and contribute to their development and welfare, which includes economic development. The pandemic has caused the country and many organizations great challenges, include major destruction of their supply chains, meeting contractual obligations, bringing people back to work place, escalation of job losses, sharp decline in working hours unemployment pay cuts, acute social problems and other vices which this article addresses. Attempt would also be made to tackle the economic storms and to address the legal perspectives.
This article will not only focus on tackling the economic storms of covid 19, but would address other areas appurtenant to it and it is divided into seven (7) different parts.