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Interrogating Nigeria’s High Crude Oil Production and Low Real Gross Domestic Product Growth: A Plenty Paradox?

This study examines the impact of crude oil production on the real Gross Domestic Product (GDP) growth in Nigeria. The Bayesian time-varying coefficients VAR technique is used to account for changes in crude oil production over time. The findings indicate that the impact of crude oil production on real GDP growth varies significantly over time. Additionally, the results suggest that, in recent years, crude oil production has negatively affected real GDP growth in the agricultural, construction, manufacturing, and services sectors.

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Source	OpenAlex research
Collection	International records
Kind	Document
Publisher	Energy RESEARCH LETTERS
Date	2025-06-17
Type	article
Details	openalex authorships.countries:NG,primary topic.subfield.id:3320\|3321\|3308\|1202\|3303\|3312\|2002\|2000\|2003 + local /\bnige
Found at	https://doi.org/10.46557/001c.127513
Archived copy	Look it up in the Wayback Machine
Record ID	`openalex:W4411389137`

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Interrogating Nigeria’s High Crude Oil Production and Low Real Gross Domestic Product Growth: A Plenty Paradox?. OpenAlex research, 2025. Vero Archive, record openalex:W4411389137.