January 2024

Environmental consequences of energy commodities and economic growth: Evidence from Nigeria

This study explored the relationship between energy commodities, economic growth, and Nigeria's carbon dioxide (CO?) emissions spanning from 1981 to 2021. Employing the Vector Error Correction Mechanism (VECM) process, the study revealed a negative correlation between fossil fuel consumption, economic growth, and carbon dioxide emissions. Long-term elasticities indicate that carbon dioxide emissions would rise by 24...

Author(s): Okezie A. Ihugba, Osmond Okonkwo, Precious L. Akobundu, Joseph Ukwunna, Pamela A. Ndukwe-Ani and Olanyinka Oyelade