Electricity Power Supply And Output Growth In Nigeria
International Journal of Innovative Research and Advanced Studies (IJIRAS), Volume 9 Issue 6, June 2022
DOI:
https://doi.org/10.60951/afrischolar-316Keywords:
Electricity, Power Supply, Output, Growth, NigeriaAbstract
The paper examined the extent to which Nigeria’s electricity supply has affected output growth in the country using the Auto regressive distribution lag (ARDL). Data used were sourced from the CBN and World Bank statistical data bases and were analyzed using the ARDL technique. The result showed that there exists a significant and positive relationship between electricity supply and output growth both in the short and long run periods. The paper thus recommends that government should deepen actions in providing the enablers that were discovered in its reviewed literature as key variables of interest that could trigger increased electricity output which include: adequate funding of the electricity power sector; prompt and proper maintenance of equipment; adequate and consistent gas supply to the electricity generating stations; improved security for electricity power installations to forestall vandalization of installed equipment and facilities.
Downloads
References
Adegboyega, G.A. (2015): “Performance analysis of central gas turbine power station, Edjeba, Delta state, Nigeria,” International journal of science and research (IJSR), India online ISSN: 2329 - 7064. 2 (3): 48 - 53.
Archibong, P.E. (1997): The status of supporting infrastructure facilities and service for non-oil sector development. Central Bank of Nigeria Economic and Financial Review, 35 (4): 92 - 115.
Arobieke, O., Osafehinti, S., Oluwajobi, F., Oni, O. (2012): Electrical Power outage in Nigeria: History, causes and possible solution. Journal of Energy Technologies and Policy.2 (6): 14 - 21.
Attigah, B., Mayer,-Tasch, L. (2013): The impact of electricity access on economic development: A literature review. Productive use of energy PRODUSE. Measuring impacts of electrification on small and micro-enterprises in Sub-Saharan Africa. Eschborn.
Darling, J.K., Nick, H., Murao, K. and Ross, A. (2008): The energy crisis in Nigeria: An overview and implication for the future. The University of Chicago press.
Gould, D. and Ruffin, R.J. (1995): What determines economic growth? Economic review: Federal Reserve Bank of Dallas research, 2: 25 - 40.
Iwayemi, A. (1998): Energy sector development in Africa: a background paper prepared for the African development report. ADB.
Iwayemi, A. (2008): Investment in Electricity generation and Transmission in Nigeria: Issues and options. International Association for energy economics. 137 - 221.
Kayode, O.F., Obamuyi, T.M. and Edun, A.T. (2012): Bank lending, economic growth and the performance of the manufacturing sector in Nigeria. European scientific journal, ESJ, 8 (3): 17 - 26.
Motta, M. and Reiche, K. (2001): Rural electrification, micro-finance and micro and small business (MSB) development: Lessons for the Nicaragua off-grid rural electrification project, World Bank, Washington D.C.
Odili and Mokwunye, (2003): minimizing fuel wood consumption through the evolution of hot stove cooker as an alternative domestic energy supply. Retrieved September 12, 2017, from http://www.ajol.info/index.php/jasr/article/viewFile/2785/11352.
Oputa, I.O. and Akuru, U. (2014): Renewable energy investment in Nigeria: A review of the renewable energy master plan. Journal of energy in Southern Africa. 25(3): 67 - 73.
Ogunjobi, J. (2015): Electricity supply and manufacturing output in Nigeria: Auto Regressive Distributed Lag (ARDL) bound testing approach. Journal of Economics and sustainable development, 7 (6): 42 – 51.
Oke, O.A. (2006): Impact of energy on the manufacturing sector in Nigeria. Retrieved December 24, 2015 from http://www.fypower.org/pdf/mfg_NAM_NASE.pdf.
Peters, J., Harsdoff, M. and Zigler, F. (2009): Rural electrification: Accelerating impacts with complementary services. Energy sustains development. 6 (22): 32 – 41.
Sambo, O. (2008): Electricity generation and present challenges in the Nigerian Power sector. Energy commission of Nigeria- Abuja, Nigeria.
Seers, D. (1982): The meaning of development. International development review, 11 (4): 3 - 4.
Temitope, O. (2017): Integration of renewable distributed generators into the distribution system: A review. IETRenewable Power Generation. 10(7): 873 - 884.
Theophilus, I.U., Dike, C. and Elekwa, P. (2016): Electricity consumption and industrial production in Nigeria. Journal of policy and development studies. 10(2): 11p.
Zarma, I.H. (2006): Small scale hydro Electric power plants for self-reliance and sustainable development. World federation of Engineering organizations congress, Kuwait.
Downloads
Published
License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
