Political Environment and the Use of Energy Resources in Nigeria

Authors

  • Tobechi F. Agbanike Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria,
  • Anayochukwu Basil Chukwu Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria,
  • Mary J. Eteng Department of Sociology, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria,
  • Hycenth O.R. Ogwuru Department of Economics, Novena University, Delta State, Nigeria
  • Lasbrey I. Anochiwa Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria,
  • Anuli R. Ogbuagu Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria,
  • Nnamdi C. Nwaeze Department of Economics, Abia State University, Uturu, Abia State, Nigeria.
  • Sunday A. Okwor Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria,
  • Clara K. Anyanwu Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria,

DOI:

https://doi.org/10.32479/ijeep.13253

Keywords:

ARDL, civil liberties, democracy, Nigeria, oil dependence, political rights, Freedom House scores

Abstract

This study examines the dynamic relationship between political environment and the use of energy resources in Nigeria covering the period from 1978-2017 using the autoregressive distributed lag (ARDL) bounds testing approach. The results reveal that democracy has a significant long run and short run positive influence on energy consumption in Nigeria. However, the positive effect decreases significantly with an increase in the level of oil dependence in the short run. The results of this study in general support the view that high dependence of political democratic structures on oil wealth influences the positive effects of democracy in making public goods available in developing net oil-exporting economies. Economic diversification in Nigeria may therefore require formulating policies that will enhance access to clean energy sources in the economy.

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Author Biographies

Anayochukwu Basil Chukwu, Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria,

Department of Economics and Development Studies

Mary J. Eteng, Department of Sociology, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria,

Associate Professor Department of Sociology

Hycenth O.R. Ogwuru, Department of Economics, Novena University, Delta State, Nigeria

Associate Professor Department of Economics

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Published

2022-07-19

How to Cite

Agbanike, T. F., Chukwu, A. B., Eteng, M. J., Ogwuru, H. O., Anochiwa, L. I., Ogbuagu, A. R., … Anyanwu, C. K. (2022). Political Environment and the Use of Energy Resources in Nigeria. International Journal of Energy Economics and Policy, 12(4), 342–349. https://doi.org/10.32479/ijeep.13253

Issue

Vol. 12 No. 4 (2022)

Section

Articles

License

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