Determinants of Electricity Demand in Nigeria : A Non-Linear Autoregressive Distributed Lag (Nardl) Analysis

The study identify determinants of electricity demand in Nigeria. Secondary data from 1980 through 2018 were used in the study. The study adopts the nonlinear ARDL method propounded by Shin et al. (2014). Results show that negative shock in the average price of electricity leads to increased electricity demand however; positive shock does not decrease electricity demand. A percentage increase in Electricity Access causes electricity demand to rise by 3.4% while its reduction causes electricity demand to reduce by 6.26%. The series never experienced structural break. The study recommends tenacious government effort towards improving electricity supply and access rate