The Energy Intensity of Economic Sectors in Mint Countries: Implications for Sustainable Development

Chibueze, E. Nnaji; Nnaji, Moses; Chimah, J N; Maduekwe, Monica

doi:10.21013/jmss.v4.n1.p20

Cited by 2 publications

(1 citation statement)

References 18 publications

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“…Meanwhile, several reports proved that Nigeria has been ranked as the most flaring natural gas country along with Russia as the runner country in the world (Friend of the Earth, 2004;Gervet, 2007). In 1958, the Nigerian economy was partly shifted from commercial agriculture to raw oil mechanisation due to the raw oil development advent at Oloibiri in the Niger-Delta Regional Settlement (NDR) (Nnaji et al, 2012) with the vast quantified and related natural gaseous substance being experienced to forgo assets for liabilities (IGU, 2000;Ukala, 2011;Chike et al, 2012). Lubeck et al (2007) stated that Nigeria is used to flare more than 75% of natural gaseous substances.…”

Section: Introductionmentioning

confidence: 99%

Economic Sustainability and Gas Flaring in Nigeria

E. A.,

I. O.,

I. A.

2024

African Journal of Economics and Sustainable Development

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The crude oil exploration leads to the flaring gas, which affects Nigerian economic sustainability. The empirical study is to inquire about the profitable (economic) sustainability of the flaring of natural gaseous substances in Nigeria. The survey is to employ the ready-made design through the National Bureau of Statistics, Central Bank of Nigeria Statistical Bulletin, Department of Petroleum Resources, and World Development Indicators. The Autoregressive Distributed Lag (ARDL) model and Augmented Dickey-Fuller test are employed as the estimation technique and unit root test for long-range presence association between the exogenous and explained variables. The findings of the study showed an insignificantly positive outcome of profitable (economic) growth on natural gas flaring in Nigeria. The current employment rate showed a positively insignificant impact on the gas flare. The current oil revenue value showed a positively significant impact on gas flaring. Meanwhile, the oil revenue lag showed an insignificantly negative impact on Nigerian naturally flared gaseous substances. The research recommends that the relevant natural gas authorities should put in place stringent laws to reduce the flaring of natural gas consequences to the well-being of humans, the environment, and the economic growth and development of the country. Alternatively, the government should encourage sound and viable gas flaring processes of industrial and domestic usage.

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Section: Introductionmentioning

confidence: 99%

Economic Sustainability and Gas Flaring in Nigeria

E. A.,

I. O.,

I. A.

2024

African Journal of Economics and Sustainable Development

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Decomposition effects of energy and co₂ intensities in the Nigerian economy: A logarithmic mean weight divisia index (LMDI) analysis.

Nnaji

Okafor

Akubue

et al. 2023

IOP Conf. Ser.: Earth Environ. Sci.

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This paper investigates CO2 intensity changes from energy use in the Nigerian economy for a period of 39 years (1981-2019) using the Logarithmic Mean weight Divisia Index (LMDI). The respective contribution and the impacts of different factors such as activity effects, conversion efficiency, intensity of energy, fuel mix, among others on the aggregate carbon emission changes in the economy has been examined bearing in mind the poor electricity supply experienced over the years. The investigation was undertaken in four periods and the outcomes revealed that energy use and CO2 emission have increased to some extent. The analysis shows that carbon emissions decreased most between 1981 and 1989 as a result of a decrease in energy intensity and substitution/fuel mix changes. There was considerable increase in intensities from 1990 upwards, thereby neutralising the benefits experienced in the first period. Increased energy intensity, inadequate electricity supply as well as a switch over to high carbon-emitting fuels were principal factors that fuelled the increase. Given the trends in the decomposition, it is important to promote cleaner fuels and improve energy efficiency in order to decrease Nigeria’s energy intensity and carbon emissions overall contributions in the coming years.

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The Energy Intensity of Economic Sectors in Mint Countries: Implications for Sustainable Development

Abstract: This paper analysed the status of energy intensity of economic sectors (agriculture, industry, commercial, residential) in MINT (Mexico, Indonesia, Nigeria, Turkey)

Cited by 2 publications

References 18 publications

Economic Sustainability and Gas Flaring in Nigeria

Economic Sustainability and Gas Flaring in Nigeria

Decomposition effects of energy and co₂ intensities in the Nigerian economy: A logarithmic mean weight divisia index (LMDI) analysis.

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The Energy Intensity of Economic Sectors in Mint Countries: Implications for Sustainable Development

Abstract: This paper analysed the status of energy intensity of economic sectors (agriculture, industry, commercial, residential) in MINT (Mexico, Indonesia, Nigeria, Turkey)

Cited by 2 publications

References 18 publications

Economic Sustainability and Gas Flaring in Nigeria

Economic Sustainability and Gas Flaring in Nigeria

Decomposition effects of energy and co2 intensities in the Nigerian economy: A logarithmic mean weight divisia index (LMDI) analysis.

Contact Info

Product

Resources

About

Decomposition effects of energy and co₂ intensities in the Nigerian economy: A logarithmic mean weight divisia index (LMDI) analysis.