Nigeria employs a new framework of a 1 percent turnover levy to tax an informal work force of about 80 percent. This reflects a push to improve transparency and bring all economic activity into the tax net.
The new regulations, signed by Finance Minister Wale Edun, outline how the system will wor
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Ayomide Odunlami
Ayomide Odunlami is a Tax Reporter at BusinessDay, covering Nigeria’s tax reforms, compliance trends, and government revenue strategies. She reports on how evolving tax policies affect businesses, investors, and the broader economy, providing clarity on complex regulatory issues through data-driven journalism.
