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Taxing the Informal Sector—Nigeria's Missing Goldmine
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Due to falling oil prices, the Nigerian government has looked to tax to raise revenue. Judith Monye and Oyintare Abang of KPMG discuss the significant role of unregistered businesses in the informal sector of the economy, looking at the approach of the tax authorities in their attempt to bring these businesses into the tax system, the challenges which have arisen, and potential methods of addressing these.
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