Renewable, Non-Renewable Energy and Economic Growth in Nigeria

Abstract

This study investigates the relationship between renewable and non-renewable energy and economic growth in Nigeria from 1985 to 2021.  Using the Autoregressive distributed lag (ARDL) model to analyse the influence of renewable and non-renewable energy consumption on economic growth in Nigeria, it found that while non-renewable energy consumption increases CO₂ emissions, renewable energy consumption decreases CO₂ emissions. Thus, increases in the level of renewable energy usage can contribute to reducing pollutant emissions in Nigeria. The study concludes that policymakers should focus more on clean energy development to contribute substantially to the reduction of non-renewable energy use and climate change mitigation.