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Tribune Online
Nigeria loses $8.8bn in annual revenue to informal sector — AfDB
Nigeria’s large informal economy has deprived the nation of approximately $8.8 billion in annual revenue that could have been generated through taxation of informal businesses. This is contained in the latest African Development Bank (AfDB) 2025 African Economic Outlook report…
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Nigeria loses $8.8bn in annual revenue to informal sector — AfDB
Tribune Online Nigeria loses $8.8bn in annual revenue to informal sector — AfDB Nigeria’s large informal economy has deprived the nation of approximately $8.8 billion in annual revenue that could have been generated through taxation of informal businesses. This is contained in the latest African Development Bank (AfDB) 2025 African Economic Outlook report…