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Unlocking the Fiscal Potential of the Informal Sector in Plateau State: An Assessment of Revenue Mobilisation Strategies.

Year: 2025

Type: article

Abstract: The informal sector is a critical yet underexplored component of Nigeria’s economy, particularly in Plateau State, where it sustains livelihoods, drives local production, and mitigates unemployment. Despite its economic significance, the sector’s revenue-generating potential remains largely untapped due to weak policy frameworks, high informality, and poor integration into the formal tax system. This study investigates the economic contributions of the informal sector in Plateau State, focusing on revenue generation, employment creation, and poverty alleviation. Utilising a mixed-methods approach comprising surveys, interviews, and econometric analysis, the study evaluates the fiscal potential of the informal economy and proposes actionable policy measures for enhanced revenue mobilisation. Findings indicate that structured formalisation and improved tax administration could significantly boost Plateau State’s Internally Generated Revenue (IGR) while promoting inclusive economic development.

Source: AKSU Journal of Social Sciences

DOI: 10.61090/aksujoss.6.2.104-115

Authors: Keziah Yiltohom Ayuba, James Israel Katura, Jane Swapmwa Yarima

Institution: Plateau State University

Language: English

Topic: Taxation and Compliance Studies

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, No poverty, Peace, justice, and strong institutions, Industry, innovation and infrastructure

Open Access status: bronze

OpenAlex ID: W4414189510

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