The British Parliament has approved a four-week coronavirus lockdown plan to begin Thursday morning. Lawmakers approved the plan Wednesday, 516-38. Beginning 1 a.m. Thursday, all nonessential businesses including pubs, restaurants, hairdressers, golf courses, gyms, swimming pools, entertainment and sporting venues will close until at least December 2. The vote on Prime Minister Boris Johnson’s lockdown plan was never really in doubt after the opposition Labor Party said it would support the move, even though it criticized Johnson for acting too slowly. Some in Johnson’s own party, however, voted against the plan, saying a national lockdown was too severe. The plan is an effort prevent COVID-19 from escalating out of control and overwhelming Britain’s National Health Service. It represents ...
Understanding the strength of small businesses
The number of small businesses keeps growing in the formal and informal sectors of the Nigerian economy, due to the role of small businesses as the live-wire of any economy and the backbone of major developed economies the world over. Though Nigeria rely majorly on oil and revenues derived from it, from context observation the economy is largely supported by small businesses covering almost all spheres of activities within the country, ranging from Nano, kiosk, and Micro businesses most importantly. A visible reference usually includes the vulcanizers, corner shop owners, single retail marketers, repairers, painters, business center operators, restaurants, market women, and men in the various open markets, among others. and the formal operations such as the law firms, accounting firms, con...