Why credit matters for private-sector growth and tax base expansion

By KINGSLEY IKEH Nigeria’s tax reform agenda is colliding with weak household demand and constrained credit markets. Without affordable consumer and MSME lending, fiscal reforms risk slowing private-sector growth and narrowing the tax base. Nigeria’s renewed tax reform drive is unfolding in a credit-starved economy characterised by high inflation, weakened household purchasing power, and declining credit […] The post Why credit matters for private-sector growth and tax base expansion appeared first on Vanguard News.