Factors influencing shadow economy in Nigeria

3. The recommendation to lower the participation in the shadow economy: Please provide at least 3 measures, which could be the most effective minimizing the participation of shadow economy:

  1. Unemployement Not making use of our raw material Corruption
  2. 1)strong and effective governance system development 2)The shadow economies should be accountable
  3. 1.Regulation of economic activities 2.political stability 3.technological advancement
  4. Government official must be more effective Infrastructure should be well provided for Corruption should be tackled
  5. Manners showed be thought at the early stage to avoid economical pollution...
  6. Low corruption More industrialization Proper taxing
  7. The government must be transparent on how public funds is being spend. The government must fight against corruption. People must be ready to change their mentalities.