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Wednesday, June 10, 2020

COVID-19 PANDEMIC & THE MANY LESSONS TO BE LEARNED...(1)


Many people have said, and I agree for the most part, that the world will, as a matter of necessity make adjustments to the way many things are done post-Covid-19. While people desperately long to get their lives back post-Covid-19, those lives would have been greatly impacted in some ways by this pandemic. There is no doubt that for many, both individuals and corporate bodies, the return will be to a new normal. The fact that as at today, the 10th of June 2020, more than 7.26 million infections have been recorded and over 411,879 people have died across 188 countries and regions (according to data monitored by the Center for Systems Science and Engineering [CCSE] at Johns Hopkins University), and the near global restrictions of movement of people means that Covid-19 has wrought a lot of negatives. However, much as the pandemic has wreaked a lot of havocs globally, there are some positive changes that are already being made and will still need to be made in many countries of the world. The purpose of this article is to look at possible lessons to be learned and positive resultant changes that should be made both across the world and in Nigeria in the wake of this pandemic and its effects. Because there are several aspects to consider, this article will run in a few series.

CHINA AS THE WORLD FACTORY 
Long before Covid-19 started wrecking havoc in other countries of the world, its economic impact was already being felt in many countries chiefly because virtually everything that one can think of, are being either manufactured or assembled in China. The Western countries in pursuit of the maximum profit they can possibly make, decided the best thing was to tap into the huge population that China has, to get cheap labour and in so doing, outsourced virtually everything to China. This is the reason why when China started sneezing and coughing literally, the whole world started shivering with the cold of a slow in production of goods. It is time this trend is examined and tweaked to focus a bit less on just profit making and more on each country going back to either resuscitating or expanding its manufacturing capacity locally. The way many companies in the wake of scarcity of medical equipments particularly PPEs, redirected their focus towards local manufacture of this medical supplies, is a positive.

Beyond the capitalists’ actions which caused the world to rely almost entirely on China for most goods, the pandemic’s travel to other countries from China caused many countries to place restrictions on pharmaceutical goods and food supplies. The reason for the restrictions is not farfetched; each country wanted to be sure it would have enough supplies to meet its own needs. A country like Nigeria thus has to seriously work on producing many of tis needs for its large population. We have to go from a consuming country to a manufacturing country. On this, the CBN’s determination to push the country into local production of most the goods consumed in the country is a step in the right direction. 

Also, fact that Nigeria, while not having China’s population, is the most populous Black Country in the world with an estimated population of about 200 million people at least 65% of whom have been said to be below 35 years old should even be more of an incentive for us because what that means is that we have a very active population, and engaging that population productively will not only grow our economy, it will massively reduce our very high unemployment rate, reduce, poverty level and our over-independence on imported goods while also reducing crimes due to more people having opportunities to earn honest living.

                            Unemployment rate as at Q3 of 2018. Source: NBS


SOCIAL INTERACTIONS
It was common pre-Covid-19 for people to assume that physical interactions reduced drastically with the advent of smartphones because many people appeared to prefer chatting than talking even when in physical proximity to each other. The meme of a child wondering whether he was downloaded by his parents who were always bent over their phones, I believe, is a very popular one and aptly describes how smart phones have changed human interactions. 


                                             Source of images: Pinterest


However, nothing contradicts our seeming preference for interaction behind the comfort of our phones more sharply than the speed with which this virus traveled, carried and transferred by humans, from the city of Wuhan in the Hubei Province of China to most of the countries of the world. The lockdown has more so, shown very clearly that man truly is a social animal and even when virtual contacts seemed to be taking over, and sometimes, even when we will rather chat when we are in the same place instead of talk face to face, physical interactions have proved very important. I suspect that if only for a while, as the lockdown is being eased and after it eventually ends everywhere, we shall learn to treasure more, the friendship and interactions of the people in our lives. And perhaps, in countries in which so many died because of the selfishness and irresponsibility of a few, people would have learned to be a little less selfish and will be more open to acting in favour of the greater good.

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