BUSINESS
LIMITED TECHNOLOGY ACCESS SLOWS NIGERIA’S DIGITAL ECONOMY GROWTH
Stakeholders have warned that limited access to technology and digital infrastructure is slowing the growth of Nigeria’s digital economy and preventing many individuals and businesses from fully benefiting from emerging opportunities.
Experts said challenges such as high internet costs, inadequate digital infrastructure, and limited access to modern devices continue to restrict participation in the digital space, especially among small businesses and underserved communities.
They noted that expanding affordable connectivity, improving digital literacy, and increasing access to technology tools are critical to accelerating Nigeria’s digital transformation. According to industry players, a stronger digital ecosystem would help businesses improve productivity, create jobs, and compete more effectively in global markets.
The stakeholders emphasized that technology adoption is becoming increasingly important across sectors, including finance, education, healthcare, and commerce. They called for stronger collaboration between government, private sector operators, and development partners to address existing gaps.
As Nigeria continues to pursue digital growth, experts stressed that inclusive access to technology will be key to ensuring that more citizens and businesses can participate in the digital economy.