Nigeria: Impacts of COVID-19 on Production, Poverty & Food Systems
“National poverty rate increases by 15 percentage points during the lockdown. 30 million more people temporarily living below the US$1.90-a-day poverty line.”
“National poverty rate increases by 15 percentage points during the lockdown. 30 million more people temporarily living below the US$1.90-a-day poverty line.”
“In South Africa, COVID-19 public health responses have very large implications for economic activity and income, with especially strong implications for households with low education levels who depend on wage earnings.”
“Egypt’s recent economic success will almost certainly be interrupted by the COVID-19 pandemic. We examine the likely impact on the Egyptian economy of a significant reduction in tourism, payments received from the Suez Canal, and remittances from Egyptians working abroad because of the slowdown in the global economy due to the COVID-19 virus.”
“The COVID-19 pandemic is beginning to disrupt food value chains in Ethiopia and elsewhere, impacting the livelihoods of farmers and the diets of rural and urban households. These effects are likely to hit the poorest and most vulnerable farmers and consumers the hardest, but they are not yet well understood.”
“Based on model predictions, early empirical evidence, and lessons from previous crises, the answer to the ‘will COVID-19 lead to a food crisis’ question is probably: Yes and no. There is no single, global answer; the risk of food crisis depends on the level of economic development.”
“Most developed countries have made massive economic responses to the COVID-19 pandemic, ramping up spending and using monetary policy to cushion the blow of lockdowns and other measures that have shut down businesses and left huge numbers unemployed. But for developing countries, which are now starting to respond to the crisis more aggressively, such options may be more limited.”
“The evidence suggests that the impacts will be felt widely, but unevenly. Farm operations may be spared the worst, while SMEs in urban areas will face significant problems. Governments will have to develop policies to respond to these varied impacts to avoid supply chain disruptions, higher food prices, and severe economic fallout for millions of employees.”
“The pandemic is likely to have a significant economic toll. For each month that the COVID‑19 crisis persists, our simulations using IFPRI’s Social Accounting Matrix (SAM) multiplier model for Egypt suggest national GDP could fall by between 0.7% and 0.8% (EGP 36-41 billion or $2.3-$2.6 billion). Household incomes are likely to fall, particularly among the poor.”
“As COVID-19 begins its spread across Africa, concerns are growing about how the pandemic will affect the region’s already fragile food systems, especially in densely packed cities. Much of the region’s urban population works in the informal sector—many in wet markets and as street vendors—and depends on it for food.”