- Technological solutions, if applied wisely, can increase the success of organisations and the efficiency and transparency of governments.
Generally speaking, developed countries have facilitated the vast potential of technology and the Internet in every stratum of society. This has led to extraordinary results in reducing costs and increasing the life standard of their citizens.
Yet many developing or less developed countries, particularly those with a low value for their corruption perceptions index (CPI), still cannot leverage all the potentials of ICT due to various reasons.
Some of these factors are:
- Porous Infrastructural Base
The current infrastructure base in Nigeria is grossly inadequate in terms of capacity and quality and is not capable of catering for the anticipated industrial development. Despite government investments, Nigeria still has huge infrastructure deficits, particularly with regards to power generation. A key challenge for government and the private sector is to build a modern, efficient, and effective infrastructure network within the next five to ten years.
- High Index of Corruption
Nigeria ranks highly in the Corruption Perception Index. This has implication for investment and the flow of foreign investment into the country. Previous anti-corruption policies implemented in Nigeria have been targeted at enforcement measures rather than addressing the root causes. The root causes of corruption in Nigeria have been identified to include social insecurity and over-centralization of resources at the centre. Even though there are suitable laws and viable institutions to fight corruption in Nigeria, the greatest challenge is in formulating a strategic plan of action to deal with the root causes.
- Conflicting Interest in Transfer of Technology
While the receiver wants technology to bring modernity, and prosperity, the donors do not want receivers to be lifted up but only want to create supplies of what they need and maintain markets for what they produce. For instance some countries did not want Nigeria to have steel mills so as to make Nigeria a dumping ground for steel products.
- Non Involvement of Technological professionals in decision making.
Science and technology researches require the technocrats who have the technical knowhow. Government and decision makers take technological decisions without consulting Nigerian technologists who are the key players in the field of technology and possess the experience and technical knowhow to contribute towards the effectiveness of any technological developmental decision.
Citing: Isioto Nte Nathaniel, Philip-kpae Friday O., Dickson Rachael. Factors Affecting Technological Growth in Nigeria and the Way Forward. International Journal of Mechanical Engineering and Applications. Vol. 5, No. 5, 2017 pp. 269-274. doi: 10.11648/j.ijmea.20170505.15.