relationship between nigerian cement consumption and gdp

Dangote cement an African success story Scholarly
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This paper critiques the rise of Dangote Cement plc to become the dominant player in the Nigerian cement industry Although the close relationship between the company s founder Aliko Dangote and subsequent Nigerian governments has been an important factor in this success story we argue that it is not the only explanatory variable...
SAMA Working Paper
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relationship between economic growth and personal consumption in Nigeria over the period starting from 1994 to 2007 The empirical findings revealed that higher economic growth does not lead to higher personal consumption 8 To assess the essential role of private consumption in promoting economic growth Mishra 2011 conducted an analysis of...
DOES ENERGY CONSUMPTION CONTRIBUTE TO
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1 To establish a relationship between energy consumption and the Nigerian economy 2 To discuss the main sources of energy in Nigeria and how they contribute to economic growth 3 To make policy recommendations based on the analysis from the study The co-integration econometric technique would be employed as the regression...
THE RELATIONSHIP BETWEEN ECONOMIC GROWTH AND
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the relationship between economic growth and co 2 emissions and the effects of energy consumption on co 2 emission patterns in nigerian economy anietie vincent essien department of economics faculty of social sciences university of lagos akoka yaba lagos e-mail anietone yahoomail rapture49 ymail april 2011...
Relationship Between Electricity Consumption And The
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This study empirically examined the relationship between energy consumption and economic growth in Nigeria Time series data was generated covering the period 1970 through 2009 The study used electricity consumption and real gross domestic product to test for this relationship...
The relationship between Trade FDI and Economic growth
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Ghirmay et al 2001 studied the relationship between exports and economic growth in nineteen developing countri Their results supported a long-run relationship between the two variables only in twelve of the developing countries and the promotion of exports attracted investment and increased GDP in these countri...
Longrun Relationship Between Energy Consumption And
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Longrun Relationship Between Energy Consumption And Economic Growth Evidence From Nigeria Olusanya Samuel Olumuyiwa Lecturer Lagos State University External system Department of Economics Abstract This article investigates the long run relationship between energy consumption and the economic growth in Nigeria from the period of 1985 to 2010...
New Factory In Mtwara To Reduce Cost Of Cement In Tanzania
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The improving performance of the economy has fueled strong growth in cement demand and the prospects remain favourable given the linear relationship between economic growth and cement consumption However the current differential between demand and production capacity coupled with the high cost of energy and imported clinker makes the...
BUA Cement posts N95bn profit
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According to Rabiu Nigeria with its population of about 200 million people is still greatly underserved by the cement industry with current consumption levels at about 130 kilogrammes per head...
Industrial development and growth in Nigeria Lessons and
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1 1 Background and context The structure of the Nigerian economy is typical of an underdeveloped country Over half of the gross domestic product GDP is accounted for by the primary sector with...
VALUE ADDED TAX AND ECONOMIC GROWTH IN NIGERIA
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open economi Denis 2010 investigated the relationship between Value Added Tax VAT and Gross Domestic Product GDP in Nigeria The study finds that VAT is not effective as revenue earner this implies that significant parts of GDP which represent aggregate national income as well as aggregate national expenditure are not collected as tax...
Testing the Relationship between Energy Consumption
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gaps this study therefore seeks to undertake a comparative analysis of the relationship between energy consumption and economic growth in Nigeria and South Africa The study follows the work of Omotor 2007 which is modified to account for the inclusion and comparison with South Africa as well as the consideration of primary energy components...
PDF Economic Growth and Energy Consumption in Nigeria
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This paper examines the causality between energy consumption and economic growth by applying Pairewise Granger causality test and Johansen cointegration test to Nigerian data for the period 1990-2012 The Augmented Dickey-Fuller test reveals that the...
Relationship between Electricity Consumption and
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Relationship between Electricity Consumption and Economic Growth Evidence From Nigeria 1971-2012 Okoligwe NE Office of the Auditor General of the Federation Federal Capital Territory Abuja Nigeria Okezie A Ihugba Department of Economics Alvan Ikoku Federal College of Education Owerri Imo State Nigeria...
ENERGY CONSUMPTION AND ECONOMIC GROWTH
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NIGERIA Abiodun Adewale Adegboye1 Obafemi Awolowo University Nigeria Ifeoluwa Bolanle Babalola National Youth Service Corps Nigeria Abstract The paper asks whether regime shift has influenced causal relation between energy consumption and economic growth in Nigeria...
THE RELATIONSHIP BETWEEN ENERGY CONSUMPTION AND
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This study examined the relationship between population growth energy consumption and economic growth in Nigeria using the autoregressive distributed lag ARDL model for the period 1981 to 2015...
Contribution of Agriculture to Economic Growth in Nigeria1
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OLS regression method to analyse the relationship between agricultural resource and economic growth in Nigeria between 1970 and 2010 They found a positive causal relationship between GDP and agricultural output in Nigeria however their study was limited to showing only that agriculture and GDP growth rate are related...
THE RELATIONSHIP BETWEEN THE AGRICULTURAL AND
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The purpose of this study is to examine the economic growth between the Chinese agricultural and industrial sectors and their interdependency A dual economic growth model was developed to investigate the relationship between the two sectors and factors affecting Chinese economic development Following are some of the major findings of the study...
THE GLOBAL CEMENT REPORT
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Executive summary Global Cement Consumption Forecasts 2016-18 This report explores the main factors that drive global cement demand providing forecasts using quantitative and qualitative modelling We have constructed a country-level macroeconomic model to extrapolate the impact that changes in...
PDF Energy consumption and economic growth causality
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The objective of the study is to examine the causality relationship between energy consumption and gross domestic product GDP in Nigeria and draw a policy implication from the result of the study The remainder of the paper is structured as follows Section 2 presents a brief profile of the trend of energy consumption and GDP in Nigeria...
Causal relationship between gross domestic product and
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Gross Domestic Product influences personal consumption expenditur As a result the dependent variable will be personal c o n sum p t i ex d r ah v blw GDP The study employed the method of regression analysis to verify the causal relationship between gross domestic product and consumption expenditure of Nigeria...
CENTRAL BANK OF NIGERIA
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second relates to the fact that the economic and financial sector reforms have reshaped the Nigerian economy and set it on the path of sustainable growth and development Prominent among the reforms in the financial sector is the reform embarked upon by the Central Bank of Nigeria CBN in 2005...
A VAR Analysis of the Relationship between Energy
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article Antai2015AVA title= A VAR Analysis of the Relationship between Energy Consumption and Economic Growth in Nigeria author= Agnes Sylvester Antai and Aniefiok Benedict Udo and Imoh Kingsley Ikpe journal= Journal of economics and sustainable...
Causality between the Construction Sector and GDP
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the relationship between the real growth rate of construction products and the actual growth rate of GDP GDP growth has led to construction growth and as the GDP growth rate increases the rate of growth in construction output was marginally diminishing Yiu et al 2004 Some of the studies examining the relationship between construction...
Relationship between geology and cement prodduction
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Defining The Trend Cement Consumption Vs GDP May 29 2014Figure 4 shows the r values for the relationship between GDP and cement consumption in 18 countries between 2002 and 2012 A value of 0 indicates no linear relationship between the two while 1 is indicative of a perfect linear relationship ie as GDP increases so does cement consumption...
Evaluation of the relationship between energy consumption
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Oct 17 2019 0183 32 Transport sustainability is an important foundation for achieving sustainable development in an economy Particularly environmental policies cannot overlook the growing importance in the transport sector as the economy expands In this context it is necessary to investigate the relationship between transport energy consumption TEN transport economic growth TGDP and transport...
Energy consumption CO2 emissions and GDP in Nigeria
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May 25 2014 0183 32 Abstract This paper investigated the relationship between energy consumption carbon dioxide CO 2 emissions and GDP in Nigeria using autoregressive distributed lag approach to cointegrationThe empirical results revealed that there is a long run relationship energy consumption CO 2 emissions and GDP Both in the long run and short run CO 2 emissions has been found to...
Renewable Energy Production Energy Consumption and
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There exists a highly interrelated relationship between energy the environment and growth where the efficient management of this nexus is not only a must for sustainable development and human wellbeing but is also a basis for formulating sound economic policies harnessed with energy and environmental polici Thus this paper aims at investigating the causal relationships among renewable...
CEMENT CONSUMPTION vs GDP
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For the preparation of a recent article on the relationship between cement consumption and GDP on a per capita basis CEMENT CONSUMPTION vs GDP PER CAPITA we have collected a large enough set of data which we are now providing to the interested public in graphical format The data covers more than 180 countries and in some cases it goes back to 1900...
Consumption of Electricity and Industrial Growth in the
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Similarly Jobert and Karanfil also found no causal relationship between energy consumption and economic growth at the sectoral level as well as the aggregate level for Turkey Danmaraya Hassan 41 finds a bidirectional relationship between manufacturing industry efficiency and electricity consumption in Nigeria for the period of 1980-2013...

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