FINANCIAL DEVELOPMENT AND ENERGY CONSUMPTION IN NIGERIA

The study examined the effect of financial development on energy consumption in Nigeria from 1990 to 2020. made use secondary data and was analyzed using Non-linear Autoregressive Distributed Lag Model (NARDL). Domestic credit private sector used measure development, while fossil fuel renewable were non-renewable respectively. Other variables included Gross domestic product, interest rate, inflation. revealed that had a significant negative impact only short run changes positive Nigeria. This shows efforts so far have encouraged which therefore translates has role play achieving Goal 7 target agenda affordable clean sustainable development. study, therefore, recommends proper mobilization funds towards investment considering growing need for alternative sources Also, policies will discourage but encourage affordability should be considered reduction environmental pollution, as well improved health status, can achieved.