Modeling Nigerian Electricity Generation and Consumption Pattern

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dc.contributor.authorGarba, M. K.
dc.contributor.authorAjao, K. R.
dc.contributor.authorYahya, W. B.
dc.contributor.authorOyeyemi, G. M.
dc.date.accessioned2023-07-27T08:39:09Z
dc.date.available2023-07-27T08:39:09Z
dc.date.issued2015
dc.description.abstractThis study examined annual amount of electricity generated and consumed in Nigeria for the period spanning 1970 to 2012. The Box-Jenkins modeling approach was employed after the series were transformed to ensure stationarity using the first differencing method. The empirical results showed that ARIMA (1, 1, 0) and ARIMA (0, 1, 1) models fitted the electricity generation and consumption adequately. The whiteness of the residuals from the model was verified using Ljung-Box methodology. The projections for both electricity generation and consumption for five years ahead were made 80% and 95% confidence limits.en_US
dc.description.sponsorshipSelf sponsoreden_US
dc.identifier.citationJournal of Science, Technology and Education (JOSTMED)en_US
dc.identifier.urihttps://uilspace.unilorin.edu.ng/handle/20.500.12484/11610
dc.language.isoenen_US
dc.publisherFaculty of Sciences, Federal University of Technology Minna, Nigeriaen_US
dc.relation.ispartofseries11(2);222 - 233
dc.subjectElectricity generation, electricity consumption, Box-Jenkins modeling, Augmented Dickey-Fuller, Ljung-Box method, Confidence limitsen_US
dc.titleModeling Nigerian Electricity Generation and Consumption Patternen_US
dc.typeArticleen_US

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