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Home Business News

Vulcanizer, Spare Parts Dealers, Mechanics, Shope Owners All Valued At N7.62tr According To Lagos State

Ugodre Obi-chukwu by Ugodre Obi-chukwu
May 8, 2013
in Business News
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I found this funny. Anyway the Lagos State Government believes the informal sector in Lagos is currently valued at ₦7.62trillion ($48billion). The informal sector is off course made up of folks like mechanics, salons, small time traders etc. Unfortunately they did not tell us how they arrived at this figure.

source: ₦7.62trn informal sector booms in Lagos

Tags: News Review
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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