Population Dynamics, Energy Consumption and Economic Growth in Nigeria

Abstract

This paper assessed the nexus between population dynamics, energy consumption and economic growth in Nigeria spanning from 1989 to 2020. The empirical paper employed a Granger causality examination test and vector error correction estimation technique. The Granger causality tests found that there is unidirectional interconnection arising from gross domestic product (GDP), energy consumption (ENEG), mortality rate (MORT), and fertility rate (FERT), which turns optimistically to economic growth in Nigeria influences. Also, the VECM technique exposed that the independent variables have undesirable but no substantial influence on GDP within the period of study. Further more, the empirical study recommends that the Nigerian authority be notified to make straight efforts to control Nigeria's disturbing fertility rate.