subject: IGR and Formalising the Informal Economy in Nigeria [print this page] In the Nigerian context, formalising the informal economy is synonymous with enterprise development and long-term macroeconomic growth. An endeavour of such moment calls as much for creative innovation in policy design as it does motivated implementation. In light of the country's troubled past, its government would also do well to build popular consensus on important issues before trying to enforcing radical laws. Far reaching change, however, will only come with the realisation that leveraging the informal economy is key to resolving the age old Nigerian paradox - a country of enormous resources with extreme poverty.
IGR and Formalising the Informal Economy in Nigeria
By: peter osalor
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