Security Challenges for Building Knowledge-Based Economy in Nigeria

The world economy is changing at an unprecedented rate. The forces of globalization and Information and Communication Technologies (ICT) progress are changing the way people all over the world living. Some countries, especially in the emerging world such as China, Malaysia, India, and Singapore amon...

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Bibliographic Details
Published inInternational Journal of Security and Its Applications Vol. 9; no. 1; pp. 119 - 124
Main Authors Muhammad, L. J., Ali, Abdullahi Garba, Iliya, Ibrahim Sani
Format Journal Article
LanguageEnglish
Published 01.01.2015
Subjects
Economy
Challenges
IT
ICT
Security
Information
Knowledge
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Summary:The world economy is changing at an unprecedented rate. The forces of globalization and Information and Communication Technologies (ICT) progress are changing the way people all over the world living. Some countries, especially in the emerging world such as China, Malaysia, India, and Singapore among others, are using this wave of change to drive rapid growth in their economies. Nigeria yet to struggle to come to terms with these fundamental shifts in the global economic order. And for it (Nigeria) to secure its place in the global economy, it needs at least a decade to balance the growth that lays the foundation of this ongoing prosperity. This balanced growth can only come from one place, thus the knowledge based economy. Hence, to build the Knowledge-Based Economy in Nigeria, the security challenges of the phenomena (Knowledge-Based Economy) need to be identified and its possible solutions. This paper presents some of the security challenges for building Knowledge-Based Economy in Nigeria and their possible remedies.
ISSN:1738-9976
1738-9976
DOI:10.14257/ijsia.2015.9.1.13