Title: The Informal Sector Activities within the Information and Communications Technology Industry-A Case Study of the Lagos Computer Village, Nigeria.
Abstract: The informal sector is often seen as one sector with the potentials to transform the economies of developing countries if well harnessed. This is particularly true in the case of Nigeria where the informal sector creates employment opportunity for a large number of the labor force compared to the formal sector economy. However, it is also pertinent to bear in mind that the informal sector is often associated with a lot of socio-economic ills some of which are inimical to development objectives of States. This paper examines the informal sector activities within the Information and Communications Technology (ICT) industry using the Lagos Computer Village (LCV) as a case study. In doing this, three critical issues are examined: the level of tax evasion of informal sector entrepreneurs within the LCV, the extent to which the urban employment created by the informal sector activities at the LCV could be classified as a relevant case of disguised unemployment and the extent of illegality to which the informal sector entrepreneurs at the LCV are involved in terms of trading in pirated ICT components. This paper draws a conclusion by using relevant theories to analyze data collected from the field work. (Less)
Publication Year: 2016
Publication Date: 2016-01-01
Language: en
Type: article
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