The Minister of Industry, Trade, and Investment, Dr. Doris Uzoka Anite, has stated that the “End Bad Governance in Nigeria” protest has cost the economy an estimated N500 billion.
In a post on her official X handle, she expressed sorrow over the deaths and extensive damage caused by the protests. She reported that around N52 billion worth of goods were destroyed and that the death toll from the protests had reached 21.
Dr. Anite emphasized that the looting during the protests is a significant setback for businesses and entrepreneurs across the country. She said, “The loss of lives during the protests is saddening. My thoughts are with the families affected. The looting, resulting in billions lost, is a severe setback for our economy and entrepreneurs. Let’s honour those we’ve lost by striving for more peaceful and constructive dialogue.
