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January 8, 2024· arXiv
preprint
Open access

Nigeria's ICT and Economic Sustainability in the Digital Age

Authors:Abayomi AgbeyangiAyodeji MakindeIsaac Odun-Ayo

Abstract

Nigeria's remarkable information and communication technology (ICT) journey spans decades, playing a pivotal role in economic sustainability, especially as the nation celebrates its Republic at Sixty. This paper provides an overview of Nigeria's ICT journey, underscoring its central role in sustainable economic prosperity. We explore the potential of artificial intelligence, blockchain, and the Internet of Things (IoT), revealing the remarkable opportunities on the horizon. We stress the urgency of achieving digital inclusivity, bridging the urban-rural gap, and reducing the technological divide, all of which are critical as Nigeria marks its sixtieth year. We intend to prove the invaluable opportunities of ICT for policymakers, business leaders, and educational institutes as Nigeria looks towards enduring economic development in this digital age. Specifically, we envision a dynamic landscape where emerging technologies are set to redefine industries, supercharge economic growth, and enhance the quality of life for every Nigerian.

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