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Electricity Power Constraints and Trade Integration: Assessing the Drivers of Nigeria’s Non-Oil Economic Diversification

It has become essential to diversify the Nigerian economy through the growth of its nonoil sector in order to reduce the country’s dependence on oil exports. So, identifying the factors that promote the nonoil sector’s economic expansion and their efficacy is crucial. This study examines the relationship between electricity transmission and distribution losses, nonoil trade openness and nonoil gross domestic product in Nigeria using the autoregressive distributed lag (ARDL) bounds test approach to cointegration in order to ascertain both the short run and long run association among the variabl…

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