Information Technology: A catalyst for Good Governance and Economic Development in Nigeria

Abstract

The rapid growth of information technology (IT) in recent years has no doubt changed the perception and ways of life of many. This recent technology constituted a great factor in changing, particularly the way we work, as well as transforming many aspects of social and economic organization in ways we could have hardly imagined less than two decades ago. Governments in most developed nations of the world had embraced this inevitable tool for effective governance and sustainable economic development. No wonder such nations have developed this fast, both politically and economically. Nigeria as a nation has not fully exploited the potential and power of Information technology in this regard. Information Technology will offer developing countries such as Nigeria remarkable and cost-effective tools for accelerated development, both politically and economically. This paper examines the present economic situation in Nigeria, the challenges facing Nigeria's economy and governance, and presents Information technology as the right platform for good governance and sustainable economic development in Nigeria, with a proposed model.