Protest: Looting resulting in N500 billion is a severe setback for our economy and entrepreneurs – Minister of Trade, Doris Uzoka

The Minister of Industry, Trade, and Investment, Dr. Doris Uzoka Anite, stated that the “End Bad Governance in Nigeria” protest has cost the economy an estimated N500 billion.

In a post shared on her official X handle, she expressed sorrow over the lives lost and the damage incurred by the protests.

She reported that approximately N52 billion worth of goods were destroyed, and the death toll had risen to 21. She further noted that the looting during the protests has been a significant setback for businesses and entrepreneurs nationwide.

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.”