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They call themselves "street vendors," but in Nigeria, they're more like "tech entrepreneurs."
A report by Jobberman, the country's leading recruitment platform, found that 96% of workers in the country's informal sector have at least a college degree, while 80% of business owners have a degree or more, Thisday reports.
"Perhaps most surprisingly, 96% of informal workers and 80% of business owners in this sector have higher education degrees," the report states.
"This is corroborated by the Jobberman Informal Sector report, which reveals that 18% of surveyed business owners left formal jobs to start their own ventures in the informal sector," it adds.
"For many, like Adebayo, the informal sector offers something that traditional jobs often lack: flexibility and the potential for innovation," says the lead researcher.
"We need to recognize the value of the informal sector and provide the right support systems," she adds.
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