Public holidays and nigeria The Extension of Public Holidays as it affects Productivity

1. The Extension of
Public Holidays as it
affects Productivity
DLA Advance - Group 2

2. PUBLIC HOLIDAYS
- Non-working day established by
Law
- Bounded by Public Holidays Act
- Extension of public holidays
(addition or prolonging)

3. Holidays stimulate domestic
consumption as we undertake
recreational activities, thereby,
enhancing work-life balance practices
Public Holidays have both economic and
sociological effects

4. What is Productivity?
- Effectiveness of productive effort

5. What does an
extra day off
actually mean
to you?

6. PUBLIC HOLIDAYS
AFFECT VARIOUS
SECTORS DIFFERENTLY
Dip into…
Banking
Educational Institutions
Legal Institutions
Dip into…
- Banking
- Educational Institutions
- Legal Institutions
- Manufacturing Industry
Boost…
- Entertainment
- Recreation
- Hospitality
- Retailers

7. ….but extension of public holidays
takes a bite out of productivity
Extended public holiday period could affect revenue generated from businesses.

8. Corporate society is more
adversely
affected by public holiday
extensions
than the individual

9. Extended public holiday can have
unplanned effect on business
productivity, and in turn, the
economy

10. the impact of less productive work
days may result in an economic
recovery taking much longer.
With the Nigerian economy still
struggling with imminent
recession, …

11. The estimated effect of the
JULY 8 public holiday
extension was on GDP:
1.88billion dollars
(N752,000,000,000)

12. Recommendations
.
• Capitalise on the possible
opportunities
• Anticipate extension and
factor it into your
planning

13. • Embrace agile working
- leverage technology e.g calls,
skype, teleconferencing.
- prioritize deliverables and reduce
dependence on physical presence
e.g work from home

14. Thank you!!!