eprintid: 17837
rev_number: 10
eprint_status: archive
userid: 564
dir: disk0/00/01/78/37
datestamp: 2024-03-06 13:41:47
lastmod: 2024-03-06 13:41:47
status_changed: 2024-03-06 13:41:47
type: article
metadata_visibility: show
creators_name: Ufua, Daniel Ebakoleaneh
creators_name: Olujobi, Joshua Olusola
creators_name: Tahir, Hammad
creators_name: Okafor, Victoria
creators_name: Imhonopi,, David
creators_name: Osabuohien, E. S. C.
creators_id: david.imhonopi@covenantuniversity.edu.ng
creators_id: evans.osabuohien@cu.edu.ng
title: Social services provision and
stakeholder engagement in the Nigerian
informal sector
ispublished: pub
subjects: H1
subjects: HB
subjects: HG
divisions: sch_man
divisions: sch_soc
full_text_status: public
abstract: The informal business sector has made enormous contributions to Nigeria's economic growth and
development, but this sector is not given the necessary attention to transforming these businesses
toward sustainability. This study explores the depth of informal business sector practices in Nigeria.
It underscores the inputs of stakeholders in the transformation of businesses in the Nigerian informal
sector to increase tax remittances and employment generation for job security in the Nigerian
economy. Also, it underpins value chain performances to transform the informal sector and rescue it
from liquidation through voluntary company arrangements, administration, merger, takeover, and
acquisition schemes. The study adopts a conceptual review. The research relies on extant literature
relating to the antecedence of informal business sector activities in Nigeria. It relies on reports from
tertiary data sources such as academic articles, books, newspapers, the Internet, and website
sources. It further explores the views of researchers, covering the informal sector development and
the support of the provisions of the social services in Nigeria. There is the absence of a model for
the transformation and sustainability of the informal sector enterprises in Nigeria. This study
recommends a model approach to address informal sector enterprises' issues and challenges
necessary to transform the businesses into a formal status while supporting their sustainability and
resilience.
date: 2022-05-13
date_type: published
publication: Business and society review
volume: 127
number: 2
publisher: John Wiley & Sons, Inc
pagerange: 403-421
id_number: https://doi.org/10.1111/basr.12271
refereed: TRUE
citation:   Ufua, Daniel Ebakoleaneh and Olujobi, Joshua Olusola and Tahir, Hammad and Okafor, Victoria and Imhonopi,, David and Osabuohien, E. S. C.  (2022) Social services provision and stakeholder engagement in the Nigerian informal sector.  Business and society review, 127 (2).  pp. 403-421.      
document_url: http://eprints.covenantuniversity.edu.ng/17837/1/Social%20services.pdf