{"id":6094,"date":"2020-05-12T11:47:02","date_gmt":"2020-05-12T10:47:02","guid":{"rendered":"https:\/\/globalfraudforensics.com\/fraudxpose\/?p=6094"},"modified":"2020-05-12T11:47:02","modified_gmt":"2020-05-12T10:47:02","slug":"corona-virus-recession-in-nigeria-likely-an-employers-duty-of-care","status":"publish","type":"post","link":"https:\/\/globalfraudforensics.com\/fraudxpose\/corona-virus-recession-in-nigeria-likely-an-employers-duty-of-care\/","title":{"rendered":"CORONA VIRUS: RECESSION IN NIGERIA LIKELY, AN EMPLOYER\u2019S DUTY OF CARE"},"content":{"rendered":"

Recession is coming and it may be Nigeria’s worst in several years.<\/p>\n

This means by the time the lockdown is finally lifted;many companies would struggle to achieve targets this year.<\/p>\n

By International Monetary Fund (IMF)\u2019s estimation, Nigeria\u2019s economy is expected to shrink by 3.4 percent this year and the nation of 200 million people could face a recession lasting until 2021.<\/p>\n

\u201cNigeria\u2019s economy is being threatened by the twin shocks of the<\/p>\n

COVID-19 pandemic and the associated sharp fall in international oil prices,\u201d Kristalina Georgieva, Managing Director of the IMF.<\/p>\n

Employers are required to provide employees with a place of employment which is free from interference to enable staff carry out their day to day duties.\u00a0 With the advent of COVID 19, staffs now have to start observing social distancing within the office, sitting arrangement have to be reviewed, use of lifts have to be guided, use of receptions revisited. Procurement contracts of vendors that provide outsourced staff have to be re-visited to ensure that all fraud and legal liabilities are covered and anything that is likely to cause death or serious physical harm to employees are addressed.<\/p>\n

 <\/p>\n

As the transmission of the Corona virus is highly contagious employers now have the responsibility to ensure that working conditions are designed in such a way that staff and customers are kept safe which also translates to making amendments to the contracts and employment agreement on a case basis , thereby making it also the responsibility of the staff whether contract or permanent to keep away from work if they feel unwell and also making it the responsibility of the staff to report issues relating to non-compliance of others.<\/p>\n

What to do?<\/p>\n

GFF encourages employers to shore up their business continuity plans in the event of another possible Corona virus outbreak in Nigeria. As the duration and severity of the Coronavirus event is undetermined, employers should make short and long-term plans of action. All guidelines from the Governments should be translated into workable solutions to protect the business and staff.<\/p>\n

 <\/p>\n

What should companies and business do now?<\/p>\n

 <\/p>\n