COVID 19 and the Informal Sector in Nigeria: The Socio-Economic Cost Implications

As the world is currently being ravaged by the COVID-19 pandemic, nations are grappling with how to contain the spread and limit its effect with their borders. Nigeria, Africa’s most populous country, has reported 873 cases of COVID-19, and 28 deaths as of April 23rd. The government has implemented a range of measures to curb […]

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Nigeria Economic Update (Issue 18)

A total of ₦342.6 billion was generated internally as revenue by 35 states and the FCT in 2018Q41. The figure indicates a growth rate of 22.8% compared to ₦264.3 billion generated in the previous quarter. For the fiscal year, 2018, total IGR rose by 24.8% to ₦1.17 trillion, from ₦936.5 billion recorded in 2017. While […]