07/04/2020
SHOULD YOU WAIT UNTIL AFTER CORONA VIRUS?*
I have had interactions with some people and the response i am getting from some is frightening.
They dont seem to understand the principle of "time & season".
Most of them were saying that immediately after this Corona Virus, they will start their job in full force. 😳.
_After the Corona Virus_?
I had to write this directional article to clear the doubt of many who are waiting for CoronaVirus to end.
Life will never be the same after Corona Virus, infact for many, life will be worse than worse.
*Check the facts:*
Fareed Zakaria of CNN GPS
predicted that countries like Nigeria that its economic revenue is dependent on oil would face economic collapse.
*THE FIRST PHASE:*
Health Care Crisis. It is already happening. There is gross shortage of healthcare facilities in Nigeria and it is getting worse daily.
*THE SECOND PHASE:*
Economic paralysis.
Analysts have predicted that oil will fall to an all time low of $10 per barrel.
NOTE: _Nigeria only makes profit when oil price is above $60 per barrel._
It is estimated that once oil falls to $10 per barrel, it will remain there.
Even if the quarrel between Saudi Arabia and Russia gets resolved, at this point, demand for oil has collapsed and will not soon recover.
This will cripple Nigerias already weak economy completely.
Millions of people will lose their jobs and this will not only affect oil jobs, it will affect *ALL JOBS*
America recently lost 10million jobs in just 2weeks, because of the CoronaVirus
_(JUST 2 WEEKS)_
_NOTE: America is supposed to have a strong economy. Imagine what is about to hit Nigeria._
*THE THIRD PHASE:*
Countries who have borrowed money and need to pay back will begin to default in payment because money will be diverted to fighting this unprecedented CoronaVirus.
Please do the maths -
*LOANS:*
1. Last year, Nigeria was owing $80billion
2. This year, Senate approved $22.7billion
*PART EXPENDITURE:*
1. N37billion for
