Disruptive Innovation for Sustainable Development in Nigeria

Abstract

Disruptive innovation has emerged as a pivotal force in transforming economies globally, and Nigeria is no exception. This study explores the potential of disruptive technologies to drive sustainable development in Nigeria, focusing on sectors such as agriculture, healthcare, education, and financial services. As Nigeria grapples with challenges like poverty, unemployment, and inadequate infrastructure, disruptive innovations offer unique solutions that can enhance productivity, increase access to services, and foster economic growth.By leveraging technologies such as mobile applications, artificial intelligence (AI), and blockchain, Nigeria can create new market opportunities and improve existing processes. This research employs a mixed-methods strategy using both quantitative data analysis and qualitative input from relevant stakeholders in the business sector industry stakeholders to evaluate the effects of disruptive innovation on sustainable development goals (SDGs). Findings indicate that while disruptive technologies hold significant promise for enhancing economic resilience and social equity, their successful implementation requires a supportive regulatory framework, investment in digital skills, and Partnerships among the governmental and private enterprises.The study concludes with recommendations for policymakers to create an enabling environment that encourages innovation while addressing the socio-economic disparities prevalent in Nigerian society. This abstract summarizes the focus of the research while highlighting the relevance of disruptive innovation to Nigeria's sustainable development efforts.