Protests: Financial expert warns against negative impact on economy 

Ahead of the proposed nationwide protests slated for August 1 to 10, a financial management expert and lecturer of Banking and Finance at the University of Abuja (UniAbuja), Dr Adelodun Sadraq , has warned against the implications of the protests on Nigeria’s fragile economy, saying the protests will have negative effects on the country’s economic growth.

According to the financial expert, no strike in Nigeria’s history has ever conferred any financial benefit on the country’s economic development. 

Dr Sadraq stated this in Abuja on Wednesday during an interview with journalists  while reacting to the proposed protests over hardship in the country. 

He said, “ It’s true average Nigerians are surviving on low income and daily earnings. The likes of transport workers, artisans, okada / tricycle riders, food vendors, hawkers , shops owners, petty traders and many others. 

“The inability of any of the business class to operate or function in a day is going to hamper the survival of their various families members and the multiplying effects on the health or wellness of their various families members.