Technology Policy and Sustainable Development in Nigeria

Abstract

In the 21st century, the government and people of Nigeria are placing special emphasis on the technological component of development. In today’s world, technology has a critical impact on people and all areas of societal development, from communications and transport to construction and health care. In this study, the term “technology” is used in a broad context, referring to the knowledge, competencies and skills strongly required for technological development. Methodologically, the research is based on the secondary sources - monographs, academic articles and Internet resources. The main idea of the research is to comprehensively analyze the Nigeria’s technology and sustainable development policies. The performance of these efforts has been rather poor, preventing Nigeria from reaching a technological level comparable with that of developed economies. Rich in mineral resources Nigeria must initiate the development and adoption of modern technology to accelerate its economic growth. A review of Nigeria’s technology policy in the context of a long-term development is required. With a more thorough approach to the development of production functions and operations, such as quality control, maintenance, planning, etc., the level of national development would be much higher than at present. In the case of Nigeria, qualitative improvements in industrial production are directly linked to such factors as knowledge, expertise and experience. Overall, the authors conclude that vocational training for the sub-Saharan Africa sub-region is the key to bringing the respective countries to a new level of technological development. Meanwhile, in seeking technology, Nigeria must strive to strike a balance between industrial development and the environment in order to achieve sustainability.

The State of Technology Innovation in Nigeria: Trends, Challenges and Opportunities

“…The transformative potential of technology innovation in driving economic growth, social impact, and global competitiveness cannot be understated. With concerted efforts from government, industry stakeholders, and civil society, Nigeria can harness the power of technology to unlock new possibilities, drive innovationled growth, and improve the lives of its citizens [1][2][3][4][5].…”

The State of Technology Innovation in Nigeria: Trends, Challenges and Opportunities

“…Additionally, access to funding remains a significant barrier for entrepreneurs and innovators, with limited venture capital investment and banking sector support. Regulatory barriers, bureaucratic inefficiencies, and intellectual property concerns further impede the growth of the technology sector in Nigeria [1]. Addressing these challenges is crucial for unlocking the transformative potential of technology innovation and driving economic development in the country.…”

“…Regulatory reforms are essential for creating an enabling environment for technology innovation in Nigeria. Streamlining regulatory processes, reducing bureaucratic red tape, and improving intellectual property protection laws can remove barriers to entry and foster a culture of innovation [1]. Engaging stakeholders, including government agencies, industry associations, and civil society organizations, in policy dialogue and advocacy efforts is critical for driving regulatory reforms.…”