The link between informal economy and economic development in Nigeria

the informal economy employs approximately 5.5 million people in Lagos State alone—roughly three-quarters of the state's 7.5 million labour force

The term "informal economy" covers a vast array of circumstances and events throughout the country. In contrast, working in the informal economy (IE) is frequently based on small or undefined workplaces, unsafe and unhealthy working conditions, unregulated, low levels of skills and productivity, low

```

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.

```