The Real Engine of Nigeria's Economy | Nigeria News

Professor Kenneth Amaeshi reveals why Nigeria’s informal sector is the true backbone of the economy—employing most Nigerians and driving 42.5% of GDP, far outpacing formal businesses in job creation. While formal firms dominate headlines, it’s street vendors, artisans, and small hustlers who keep daily life running. He warns that rigid taxation could backfire, urging transparency so small businesses feel their contributions matter. FirstBank’s Samuel Asabia Chair is backing this vital conversation, pushing for ethical leadership that uplifts both boardrooms and market stalls. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8e8cc4f52d5a6e50