Informality to productivity: the lessons Nigeria can learn from Britain guilds, merchants and the future of work

AI Summary

The article argues that Nigeria’s challenge is not a lack of work but low productivity, with much economic activity remaining informal and fragmented. It points to Britain’s historical guilds and merchants as potential lessons for organizing work and improving productivity.

Nigeria does not have a shortage of people who work. We have a shortage of productive work. Every morning, millions of Nigerians trade, farm, build, repair, transport, cook, manufacture, code and provide services. They work long hours and demonstrate extraordinary resilience. Yet too much of this economic activity remains trapped in low-productivity, informal and fragmented […] The post Informality to productivity: the lessons Nigeria can learn from Britain guilds, merchants and the future of work appeared first on Nairametrics.