ABSTRACT
A key policy objective ofsustainable economic development,
especially in any developing country like Nigeria, is to
establish energy development paths that are both economically
e.f .f icient and sustainable. However, this depends significantly
012 full utilization ofsuch resources. This resear~hw ork
adopts an econometric approach to evaluate both the impact
and the sustainability of Gas utilization in the Nigerian
economy. Also, it examines the structure ofgas flaring in
Nigeria in relationship to the imposition oJfine on flared gas.
The regression results and tlze co-integration tests show that
utilization ofNigerian natural gas does not only impact
positively on the economy; it is also sustainable. On the other
hand, this research work equally reveals that the imposition of
.fine on.fZaflared gas since 1984 has not led to any structural
change on tlze level offared gas. Hence there is the need jor
government to always use analytical tools to evaluate its
policy inzplernentations. Finally, this research work offers
some policy recommendationsfor effective planning,
management and development ofgas industry in Nigeria.
Gabriel, O (2021). Gas Industry in Nigeria: Production, Utilization and the Impact on the Economy. Afribary. Retrieved from https://afribary.com/works/gas-industry-in-nigeria-production-utilization-and-the-impact-on-the-economy
Gabriel, OJIDE "Gas Industry in Nigeria: Production, Utilization and the Impact on the Economy" Afribary. Afribary, 15 May. 2021, https://afribary.com/works/gas-industry-in-nigeria-production-utilization-and-the-impact-on-the-economy. Accessed 22 Nov. 2024.
Gabriel, OJIDE . "Gas Industry in Nigeria: Production, Utilization and the Impact on the Economy". Afribary, Afribary, 15 May. 2021. Web. 22 Nov. 2024. < https://afribary.com/works/gas-industry-in-nigeria-production-utilization-and-the-impact-on-the-economy >.
Gabriel, OJIDE . "Gas Industry in Nigeria: Production, Utilization and the Impact on the Economy" Afribary (2021). Accessed November 22, 2024. https://afribary.com/works/gas-industry-in-nigeria-production-utilization-and-the-impact-on-the-economy