An assessment of digital transformation’s economic impact on traditional industries in Nigeria: Evidence from Lagos State (2010–2020)
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Background of the Study :
Digital transformation has reshaped global economies by integrating information technology into traditional business operations, thereby increasing efficiency, reducing costs, and creating new revenue streams. In Lagos State, traditional industries—such as manufacturing, retail, and agriculture—have been compelled to adapt to digital innovations to remain competitive. Between 2010 and 2020, government initiatives and private sector investments have accelerated the adoption of digital tools, including e-commerce platforms, automation, and data analytics (Okonkwo, 2023). These changes have led to improvements in supply chain management and customer engagement while creating opportunities for new business models. However, traditional sectors face challenges in terms of digital literacy, infrastructural gaps, and resistance to change, which may limit the transformative benefits (Adeniyi, 2024). This study examines the economic impact of digital transformation on traditional industries in Lagos State by analyzing productivity metrics, revenue growth, and innovation indices. It aims to provide insights into how digital tools can be harnessed to drive competitiveness and sustainable development in conventional sectors (Chukwu, 2025).
Statement of the Problem
Although digital transformation has the potential to revitalize traditional industries, many sectors in Lagos State struggle to adapt fully to technological advancements. Challenges such as low digital literacy, inadequate infrastructure, and cultural resistance have slowed the pace of digital integration. Consequently, the anticipated productivity gains and economic benefits have not been uniformly realized. This study seeks to investigate the factors impeding digital transformation in traditional industries and assess their overall economic impact. Addressing these issues is essential for developing strategies that facilitate a smoother digital transition and enhance economic performance (Okonkwo, 2023; Adeniyi, 2024).
Objectives of the Study:
1. To evaluate the economic impact of digital transformation on traditional industries in Lagos State.
2. To identify barriers to digital integration in these sectors.
3. To propose strategies for overcoming digital challenges and boosting economic performance.
Research Questions:
1. How does digital transformation affect traditional industries in Lagos State?
2. What are the main barriers to digital integration?
3. What measures can enhance the economic benefits of digital transformation?
Research Hypotheses:
1. H1: Digital transformation positively impacts economic performance in traditional industries.
2. H2: Infrastructural deficits hinder digital adoption.
3. H3: Targeted digital training programs improve industry performance.
Significance of the Study (100 words):
This study assesses the economic impact of digital transformation on traditional industries in Lagos State. Its findings will guide policymakers and industry leaders in developing strategies to overcome digital barriers and enhance competitiveness, ensuring that traditional sectors can effectively leverage technological innovations for sustainable growth (Chukwu, 2025).
Scope and Limitations of the Study:
The study is limited to evaluating digital transformation’s economic impact on traditional industries in Lagos State, focusing on productivity and revenue metrics.
Definitions of Terms:
1. Digital Transformation: The integration of digital technology into business operations.
2. Traditional Industries: Established sectors such as manufacturing, retail, and agriculture.
3. Lagos State: A major economic hub in Nigeria.
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