Electricity Consumption and Economic Growth: Evidence From Nigeria

As one of the significant components energy consumption, importance electricity to economic growth has been recognized by economists and business people, engineering, government agencies. This paper seeks investigate impact consumption on in Nigeria from 1986 2021 using Autoregressive Distributed Lag (ARDL) model. The properties series were first checked Augmented Dickey fuller (ADF) Phillip Peron (PP) unit root tests, result found a mixture order integration, which paved use ARDL findings bond test indicate present cointegration. Evidence short run reveals that speed adjustment is negative statically significant, confirming expected equilibrium process short-run dynamics among variables under study. results also show inflation, industrial product are statistically positively affect Nigeria's long-run growth. At same time, Unemployment both long run. Based findings, recommends should undertake serious measures curtail shortage country promote general. adopt appropriate policies reduce Unemployment, adversely affecting