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- In this regard, adequate supply and distribution of electricity constitute a central development issue which cannot be over-emphasized. Apart from serving as the pillar of wealth creation in Nigeria, it is also the nucleus of operations and subsequently the 'engine of growth' for all sectors of the economy.
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Dec 14, 2022 · The study investigates the impact of electricity power on the economic growth in Nigeria, covering the period between 1981 to 2019.
- Electricity Consumption and Economic Growth: Evidence From ...
This paper seeks to investigate the impact of electricity...
- Electricity Consumption and Economic Growth: Evidence From ...
Jan 24, 2022 · This study identifies transport and electric power supply infrastructures as critical for sustainable economic development in Nigeria, both as a general objective and in terms of the specific relationships between the identified infrastructure(s) and sustainable development.
Sep 28, 2019 · Gas power enhances economic growth in Nigeria as its coefficient is positive and significant at 1%. The positive and significant impact of gas power might be because electricity sector in Nigeria is majorly based on natural gas thermal power plants. About 85% of the grid-connected power plants are gas-fired.
- Olusola Joel Oyeleke, Taiwo Akinlo
- 2020
May 19, 2023 · This paper seeks to investigate the impact of electricity consumption on economic growth in Nigeria from 1986 to 2021 by using the Autoregressive Distributed Lag (ARDL) model.
Sep 1, 2015 · One way policymakers of this country could enhance productivity using electricity consumption as a catalyst is by reducing or moderating electricity prices in order to generate electricity demand. The other, which is certainly the most important, is by improving electricity supply.
- Bernard Njindan Iyke
- 2015
Poor access to electricity in Nigeria has been a major impediment to Nigeria’s economic growth as a nations’ readiness to ensure adequate and regular power supply reveals how well it is ready for developmental take-off.
Nov 3, 2021 · In addition to capital and labour, electricity supply is another important factor that promotes economic growth in an economy. Often times, economic resources are used to...
