Impact of Electricity Consumption on Manufacturing Sector Growth in Nigeria

HITLAR INEDU , SILAS ABU IDOKO , MARY ABDUL YUSUF

Electricity, Consumption, Manufacturing growth

This study was conducted to examine the impact of electricity consumption on manufacturing sector growth in Nigeria covering the period of 1986 to 2020. The data for the study were sourced from World Bank’s Development Indicator and International Energy Agency (IEA). The study employed Augmented Dickey Fuller unit root, Autoregressive Distributed Lag (ARDL), Johansen Co integration and Pairwise Granger Causality test. For the objectives, the outcome revealed that electricity consumption had a significant positive effect on contribution of manufacturing sector to Gross Domestic Product in Nigeria. Therefore, increase in electricity consumption led to increase in manufacturing sector growth in Nigeria within the study period. Also, electricity generation had a significant negative effect on contribution of manufacturing sector to Gross Domestic Product in Nigeria. Therefore, increase in electricity generation led to increase in manufacturing sector growth in Nigeria within the study period. Government should ensure that there is increase in electricity generation to boost electricity consumption towards enhancing the contribution of manufacturing sector to Gross Domestic Product so as to improve manufacturing sector growth in the Nigerian economy.

Published Paper   E-Certificate

"Impact of Electricity Consumption on Manufacturing Sector Growth in Nigeria", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.7, Issue 11, page no.1031 - 1038, November-2022, Available :https://ijsdr.org/papers/IJSDR2211152.pdf

Volume 7 Issue 11, November-2022

Pages : 1031 - 1038

Paper Reg. ID: IJSDR_202639

Published Paper Id: IJSDR2211152

Downloads: 000347288

Research Area: Social Science and Humanities 

Country: Anyigba, Kogi, Nigeria

Published Paper PDF: https://ijsdr.org/papers/IJSDR2211152

Published Paper URL: https://ijsdr.org/viewpaperforall?paper=IJSDR2211152

ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Publisher: IJSDR(IJ Publication) Janvi Wave

This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition