Electricity supply has been identified as the key constraint to industrialization and economic development in Nigeria. Recently, the government of Nigeria has initiated a lot of projects aimed at boosting electricity supply but this effort seems to yield no positive results. This may be attributed to the inability of policy makers to identify the determinants of electricity supply for actual policy formulation and implementation. Hence, this study analyzed the determinants of electricity supply in Nigeria (from 1970-2009), using a parametric econometric methodology of ordinary least squares. The results showed that technology, government funding, and the level of power loss were the statistically significant determinants of electricity supply in Nigeria and that an average of 40% of power is lost in transmission per annum. Thus, the government should inject more funds into the power sector to complete power projects with state of the art technology in order to enhance electricity supply.

The need to promote and sustain a virile economy has continued to be a major concern of most governments worldwide, including Nigeria. The reason for this is not farfetched. For instance, a developed economy offers prospects for increased employment, greater efficiency and improved balance of payments and increased standard of living. But in Nigeria, improved economic performance has over the years been marred by social vices such as institutionalized corruption which hinders the capacity of institutions to efficiently deliver services necessary to grow the economy. This paper descriptively and quantitatively examines how corruption and institutional quality in Nigeria have impacted on economic performance. In the light of the above, it was found that corruption and institutional quality (measured by contract intensive money) have statistically significant effect on economic performance in Nigeria. Thus, it is recommended that aggressive reorientation and education of the masses and other key decision makers on the need to desist from rent-seeking activities is necessary. Once the scourge of corruption is successfully tackled, institutional quality will be strengthened and the much desired people centered economic growth will be achieved.

It has been noticed in recent times that Nigeria is one of the highest recipients of remittances as well as one of the worst hit by capital flight. It is also obvious from literature that remittance should impact positively on development outcomes while capital flight is expected to impact negatively. In view of Nigeria being at the extreme of these two counter variables, this paper examines the relative impact of remittances and capital flight on poverty in Nigeria. Time series data on variables of interest were obtained from various sources spanning from 1970 to 2010. The data were subjected to series of econometric analysis. The results revealed that a 1 percent rise in remittances can only increase per capita consumption by 0.27 per cent. While a 1 per cent rise in capital flight would reduce per capita consumption by 10.8 per cent. This implies that the impact of capital flight on per capita consumption is greater than that of remittances. Hence, the study recommended that policy should be geared towards reducing capital flight.

This study was conducted to examine the implication of financial leverage on performance of quoted oil and gas companies in Nigeria. This is premeditated on the fact that debt capital is usually acquired by firm to finance assets with the expectation the returns from such investments will exceed the costs of the debt capital used. Often, this is always not the case either because of inappropriate management strategies or other reasons. Ex-post-facto research design was adopted involving use of panel secondary data as published by eight(8) oil and gas companies selected from the population of twelve(12) firms quoted on the floor of the Nigerian Stock Exchange (NSE) for the period 2006-2020. Descriptive and multiple linear regression statistics were used to analyze data collected. The dependent variable was return on Assets (ROA), proxy for financial performance and independent variables being financial leverage decomposed into Debt Ratio (DR), Debt-to-Equity Ratio (DER), Long-term Debt Ratio (LTDR) and Cost of Debt (COD,) Results Shows DR, LTDR and COD had negative and significant implications on ROA, while DER also had negative but insignificant implications on ROA of quoted oil and gas firms in Nigeria. Hence, it was concluded that during the period of the study, leverage had negative and significant implications on financial performance of oil and gas firm in Nigeria. It was recommended that oil and gas firm should minimize debt capital usage in their financial structure to shore-up returns.

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