Extension and Implementation of Nigerian Content to Solid Minerals Sector for Sustainable Digital Economy
Agbadua Segun Afokhainu and
Alade Moses Aiyeoribe
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Agbadua Segun Afokhainu: Department of Research and Development, National Engineering Design Development Institute, Nnewi, Anambra State
Alade Moses Aiyeoribe: Department of Physics Education, Federal College of Education (Technical), Asaba, Delta state
International Journal of Research and Innovation in Social Science, 2025, vol. 9, issue 5, 4301-4307
Abstract:
The need to extend and implement Nigerian content to mining sector is requested because of its successes in the petroleum sector, the pioneering sector. The origin of local content also known as Nigerian Content started earlier than 2010 when it was launched and its achievements on implementation were highlighted. Mining as one of the viable sectors of the economy that the country foreign exchange earnings is derived is not covered in the Nigerian content policy and the effect of the exclusion of the sector was investigated and the anticipated results; if the policy is extended to cover the sector. Platformization that is second to digital data as vehicle for digital economy was studied and the main core components, opportunities and challenges of digital economy were reported. The paper further studied how to make digital economy sustainable with training of workers in mining, big data, IoT, and others. It was discovered that the extension of Nigeria content to the mining sector would bring succour to the sector and there would be growth in GDP and a boost to sustainability of digital economy.
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:bcp:journl:v:9:y:2025:issue-5:p:4301-4307
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