Download Tag: POWER GENERATION

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 the energy grid. The people who actually have power experience difficulties around 60% of the time (Aliyu, Ramli & Saleh, ...

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 performance, directly or indirectly as a complement to capital and labor as an input in the production process. However, this ...

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 ...