Browsing by Author "Awe Emmanuel O."
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Item Electricity Infrastructure and Economic Growth in Nigeria: Impact Analysis(Confluence Journal of Economics and Allied Sciences, 2020) Idoko Suzan A.; Awe Emmanuel O.; Ugbaka Malachy A.; Abdulkadir Yerima Y.This study analyzed the impact of electricity infrastructure on economic growth in Nigeria using Ordinary Least Square as method of analysis. The study revealed a positive relationship between electricity infrastructure and economic growth in Nigeria, This shows that the poor state of electricity supply in Nigeria has imposed significant costs on the business sector. The bulk of these costs relate to the firms' acquisition of very expensive backup capacity to cushion them against the even larger losses arising from frequent and long power fluctuations. Small-scale operators are more heavily affected by the infrastructure failures as they are unable to .finance the cost of backup power necessary to mitigate the impact of frequent outages. The study therefore recommended for institutional reforms of the power sector in Nigeria.