The Minister of Industry, Trade and Investment, Dr. Doris Uzoka Anite, has reported that the “End Bad Governance in Nigeria” protests inflicted an economic loss estimated at N500 billion.
In a post on her official X handle, she expressed sorrow over the lives lost and the extensive damage caused by the demonstrations.
Dr. Anite highlighted that approximately N52 billion worth of goods were destroyed, with the death toll from the protests reaching 21.
She also noted that the looting during the protests has severely impacted businesses and entrepreneurs across the nation.
“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.” she stated.