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IMPACT OF POWER GENERATION ON THE ECONOMY OF NIGERIA (1990-2015)

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY Electricity is pivotal to the economic development of nations. Its use is directly correlated with healthy economic growth (Kaseke & Hosking, 2013). Nigeria is one of the most populated countries in Africa but only about 40% of the people are connected to ...

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THE IMPACT OF POWER GENERATION ON ECONOMIC PERFORMANCE OF NIGERIA (1970-2015)

CHAPTER ONE INTRODUCTION 1.1       BACKGROUND TO THE STUDY The advanced and developed economies of the world today would not have been what they are today without relying on effective power generation for their rapid growth recorded. According to Mulegeta et al (2010), power generation is an indispensable component in economic ...

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THE IMPACT OF POWER GENERATION ON ECONOMIC GROWTH

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 ...

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