Original Research Article | OPEN ACCESS
Covid-19 and the Performance of Small and Medium-Scale Businesses in Benin City, Nigeria

Momoh Hussein1 , I. E. Evbayiro1

For correspondence:-  Momoh Hussein   Email: hussein.momoh@uniben.edu

Received: May 05 2022        Accepted: August 12 2022        Published: September 30 2022

Citation: Hussein M, Evbayiro IE. Covid-19 and the Performance of Small and Medium-Scale Businesses in Benin City, Nigeria. Account Tax Rev 2022; 6(3):24-40 doi:

© 2022 The authors.
This is an Open Access article that uses a funding model which does not charge readers or their institutions for access and distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0) and the Budapest Open Access Initiative (http://www.budapestopenaccessinitiative.org/read), which permit unrestricted use, distribution, and reproduction in any medium, provided the original work is properly credited..



This study examines the impact of the COVID-19 pandemic on the performance of businesses in Benin City. The study adopts a quantitative research technique using a data collection method through the administration of a structured questionnaire. Findings from the analysis indicate that the COVID-19 pandemic’s effect includes: loss of competent staff resulting from a reduction in staff salary, low revenue or income generation, lack of patronage, and lack of sincerity on the part of the government to re- duce the prevalence of the pandemic. The study recommends that government, NGOs and organisations should introduce a well-monitored and structured palliative scheme, poverty alleviation programs, reduced interest rates, relaxed loans and deferred tax payments. Finally, there should be an Adoption of an E-Business model for businesses.

Keywords: COVID-19, Lockdown, Business Performance, Covid-19, Money supply, Volatility

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