ABSTRACT
The study examined the impact of power generation on economic growth in Nigeria between 1980 and 2016. Economic growth was proxy as real GDP while power generation was surrogated as electricity generated from hydroelectric, oil, natural gas and coal. In addition, power consumption per capita was utilized as control variables. The econometric techniques of Augmented-Dickey Fuller unit root test, Johansen Cointegration test and Error Correction Model were employed.
The study concluded that power generation did not significantly contributed to economic growth in Nigeria between 1980 and 2016. The non-significance of power generation on economic growth in Nigeria is not unconnected to the fact that the generation sub-sector of the Nigerian power industry is beset with certain constraints that has prevented the optimal generation of power.
The study concluded that; Issues pertaining to electricity production and economic development should be given adequate attention especially in the budget schemes and because of this, substantial amount should be allocated to the power sector in order to resolve its challenges and keep the sector in good shape; Government is beckoned to sincerely implement the recommendations of the Power Sector Reform Committee and Oil and Gas Reform Committee; Adequate attention should be placed on appropriate funding of the power sector, security of gas supply, maintenance of existing power supply infrastructures, harmonization of activities among various stakeholders in the power sector and expansion of transmission and distribution networks; Corrupt practices in the power sector must be checked. Any official found to have dissipated public funds meant for given project should be brought to book; Government should allow greater participation of foreign and domestic investors in the power sector. This is because investment introduces new technology and expertise.
ABSTRACT: This study investigates strategies for addressing language barriers in vocational training programs, aiming to enhance educational o...
Abstract
The primary objective of this study was to assess and describes the attitude of business education student&...
ABSTRACT
The aim of this study was to investigate on taxation and its effects in the Nigeria economy. One of the objecti...
ABSTRACT
The study provided a comparative Analysis Of The Conflict Situations And Choice Of Laws In The Nigerian Legal S...
Background of the study
The advent of digital technology has revolutionized various aspects of human en...
ABSTRACT
This study explores the theory of arts and aesthetics, a reality to contemporary society: Kantian approach. In...
Abstract: COSTING TECHNIQUES FOR DECISION-MAKING IN SERVICE INDUSTRIES
This research investigates the role of various costing techniques...
ABSTRACT
This study examines the security implications of communal land disputes in Tiv-land, using four (4) LGAs, n...
ABSTRACT
This study investigates the impacts of gender on the academic achievement of Social Studies JS...
ABSTRACT
This study was carried out to assess the Principals‟ Role on Students‟ Service Delivery in Secondary Schools in Abuja Municipal...