…as Pan-Atlantic University holds 25th inaugural lecture
Olusegun Vincent, a professor of Accounting and Corporate Finance at Pan-Atlantic University (PAU), Lagos, has warned against conflating Nigeria’s informal economy with small and medium-sized enterprises (SMEs, emphasing the conceptual mix-up could lead to misguided policies.
Vincent made this known while delivering his lecture titled “Deconstructing Nigeria’s Informal Economy: Tax Haven or Emerging Enterprise Ecosystem: Interrogating the Promise of the 2025 Tax Reforms,” at the Pan-Atlantic University’s 25th inaugural lecture.
He emphasised that such a policy error could undermine efforts to effectively address the distinct challenges facing Nigeria’s informal economy and SMEs.
The financial and economic expert challenged the conventional view of the informal economy as merely a reservoir of tax evasion.
