Electricity Power Supply And Output Growth In Nigeria

The paper examined the extent to which Nigeria’s electricity supply has affected output growth in the country using the Auto regressive distribution lag (ARDL). Data used were sourced from the CBN and World Bank statistical data bases and were analyzed using the ARDL technique. The result showed that there exists a significant and positive relationship between electricity supply and output growth both in the short and long run periods. The paper thus recommends that government should deepen actions in providing the enablers that were discovered in its reviewed literature as key variables of interest that could trigger increased electricity output which include: adequate funding of the electricity power sector; prompt and proper maintenance of equipment; adequate and consistent gas supply to the electricity generating stations; improved security for electricity power installations to forestall vandalization of installed equipment and facilities.