ELECTRICITY CONSUMPTION AND MANUFACTURING SECTOR PERFORMANCE: EVIDENCE FROM NIGERIA

Adequate supply of energy is important for sustainable growth in an economy. The rate the Nigeria’s electricity development very slow and not effective compare to other emerging economies; this on hands has discouraged production, most especially manufacturing sector. In light this, study investigates long-run impact consumption sector performance proxy by output, employment capital using Canonical Cointegrating Regression. Evidence from result output equation shows that credit have a negative relationship with output. equation, interest effects employment. statistically significant. conclusion, as input improved To improve situation, recommends among others need create framework promote efficiency maximizing power minimize wastage. Keywords : Electricity consumption; Employment; Output; Capital JEL Classifications: Q4; J2; O1; G1 DOI: https://doi.org/10.32479/ijeep.11399