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The Role of Technological Innovations and Advancement in Achieving Sustainable Development in Nigeria

Dr. Oju Onuoha and Dr. Ezeoha, Bright .U

Abstract

In today's world, advanced technology plays a crucial role in the success of a well-established economy and plays a significant role in differentiating between developed and developing nations. The lack of a developed economy and technological infrastructure in a country indicates that the country experiences poverty, unemployment, and insecurity, similar to the situation in Nigeria. Even though Nigeria is referred to as a developing nation, it has been projected that a staggering 120 million Nigerians will be living in extreme poverty by 2030. This article discusses the current situation of this Nigeria’s cancer and proposes a solution to ensure its continuous development and success in the global market, ultimately contributing to Nigeria's transformation into a developed nation. The answer lies in entirely integrating the latest technology and the necessary foundation to support it. The government will take advantage of the opportunity and redirect its efforts towards the adoption of contemporary technology. If Nigeria capitalizes on technological advancements, just like the United Nations does to rank countries, it can leverage this progress to transcend its classification as a developing nation. Cutting-edge technology infrastructure will transform Nigeria into a developed nation and enhance various areas of human engagement, such as human capacity, economy, security, and more.

Keywords

TechnologyDevelopmentSustainableEconomy

References

Adebobola, O.,Rafiu, S., and Igbayemi, A. (2015). Poverty and Rate of Unemployment in Nigeria. International Journal of Management and Business. Vol. 2, Issue 1 Ahmadi, B. (2018). Technological Advancement and the Meaning of Progress. SSRG International Journal of Humanities and Social Science (SSRG – IJHSS). Volume 5 Issue 4. July to August Ahmed, M. Y. (2021). Technological Advancement and Economic Growth for the Business Sector. Academic Journal of Digital Economics and Stability. Volume 10. Online: https://academicjournal.io/

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