Investment in infrastructure and innovation are crucial drivers of economic growth and development. With almost half of Nigeria’s population (48.6% 2016 est.) now living in cities, mass transport and renewable energy are becoming ever more important, as are the growth of new industries and information and communication technologies.
Technological progress is also key to finding lasting solutions to both economic and environmental challenges, such as providing new jobs and promoting energy efficiency. Promoting sustainable industries, and investing in scientific research and innovation, are all important ways to facilitate sustainable development.
One in seven people still lack access to electricity and more than half of the population lack access to internet. Bridging this digital divide is crucial to ensure equal access to information and knowledge, as well as foster innovation and entrepreneurship.