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Over 90% Of Informal Sector Operators Can’t Afford Taxes – Oyedele
['Segun Adelokiki']
Information Nigeria
Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said that more than 90 percent of operators in Nigeria’s informal sector do not have the financial capacity to pay taxes.
He explained that contrary to popular belief, targeting the informal sector cannot resolve Nigeria’s revenue challenges.
“This is the reason why Nigeria has ended up introducing multiple taxes, because we are trying to chase people in the informal sector every now and then,” he said.
READ MORE:https://www.informationng.com/2025/10/democracy-at-risk-due-to-apcs-lacks-of-sportsmanship-pdp.html“When in fact, more than 90 percent of operators in that sector are just there for survival.
They have no capacity to pay taxes.”Oyedele stressed that taxing small-scale operators such as roadside corn sellers, vulcanisers, and wheelbarrow pushers is unrealistic.