POLICY MEASURES FOR MITIGATING COVID-19 INDUCED JOB LOSSES IN NIGERIA: A REVIEW

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Abstract

Swift response and well aligned interventions are generally regarded as imperatives for mitigating the effects of crises on the vulnerable. Sequel to the foregoing, this paper examines Nigeria’s policy measures used to alleviate job losses during the COVID-19 crises. Specific focus was on identifying policy tools employed, timeliness of implementation and equitable distribution (i.e.  consideration for women youths and people with disabilities) using policy design and crisis  management theoretical lenses. Secondary data, comprised of Nigerian Economic Sustainability Plan [NESP] (2020) document, relevant reports books, and articles. Content analysis and thematic approach were used to analyse and present results. Findings suggests the NESP emphasizes private sector targeted policy interventions comprised of incentives, regulations, and direct provision of goods and services as policy tools. Timing of relief delivery varied for different policies. Monetary and fiscal policy were substantially implemented promptly, but real sector measures recorded delays. Equity was largely ignored in most interventions and there are reports alleging poor transparency in the disbursement. The paper concludes that using equity-focused standards and rapid-response strategies can help Nigeria deliver swift and inclusive interventions that protect vulnerable populations against future shocks. Hence, the study recommends mainstreaming equity in policy design through integrating equity criteria (gender, youths, disability, geographic balance demographic criteria) as mandatory component of all future economic palliatives; improving transparency and accountability in disbursement processes through publishing of disbursement data and; civil society empowerment to track funds release and implementation.