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Non-Linear Nexus between CO₂ Emission, Economic Growth in Nigeria

Author

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  • Josiah Chukwuma Ngonadi

    (Jiangsu University, China)

  • Joy Okere

    (Purdue University Global, USA)

  • John Ngonadi

    (University of Nigeria Nsukka, Nigeria)

Abstract

CO2 levels are often seen as a major global problem faced by most countries; our study aims to examine the impact of Foreign Direct Investment on CO2 emission in Nigeria. Based on the “Pollution Heaven Hypothesis” and the “Pollution Halo Hypothesis” standards using the STARPAT standards model, this article assess the impact of economic factors on CO2 emission. Based on our findings, energy consumption is not sustainable in Nigeria, that is there is a high concentration of CO2 emission. U-lines with the traditional EKC data and the use of N-type foreign investments are now raising CO2 in Nigeria's cities through their “predictive” carbon emissions. Based on the results of previous studies, we report that changes are needed to be made in order to reduce carbon emissions in Nigeria which represent one of the challenges faced in developing countries.

Suggested Citation

  • Josiah Chukwuma Ngonadi & Joy Okere & John Ngonadi, 2020. "Non-Linear Nexus between CO₂ Emission, Economic Growth in Nigeria," European Journal of Business and Management Research, European Open Science, vol. 5(6), November.
    • Handle: RePEc:epw:ejbmr0:v:5:y:2020:i:6:id:50612
    DOI: 10.24018/ejbmr.2020.5.6.612
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