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Effect Of Population Growth on Sustainable Development in Nigeria
Subject area: Arts, Social Sciences and Humanities · Area of research: Population Growth & Sustainable Development
Abstract
The issue of sustainable development had been the major concern of economists globally and Nigeria was not left out. This was essentially due to the fact that the benefits of sustainable development might trickle down to the most vulnerable in society, thus enabling them to participate actively in economic activities that might enhance their standard of living. This study therefore, examined population growth and sustainable development in Nigeria, for the period between (1970-2022). The time series data were obtained from various secondary sources. Descriptive Statistics and econometric tool of Auto Regressive Distributed Lag Model (ARDL) was used to achieve the study objectives. The result of the ARDL revealed that population growth had a significant negative link on sustainable development at 5% level of significant with t-values of 4.3684 and -43.9501. The finding of the study also indicated that population growth (POP) are determinants of sustainable development in Nigeria. The result shows that there is a long-run relationship between population growth and sustainable development in Nigeria. The study concluded that population growth and poverty adversely affected the attainment of sustainable development in Nigeria. The study recommended that population growth must be checked through robust economic policies that focused on reducing the growth rate of population of the citizens.
Keywords
Population; Sustainable Development; Growth, Auto Regressive Distributed Lag Model (ARDL; Poverty
References
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How to cite this paper
@article{1715656,
author = {Funmilola Ronke Adetula, Prof. B. B. Omoniyi, Oluwatobi ASOGBON},
title = {Effect Of Population Growth on Sustainable Development in Nigeria},
journal = {Iconic Research And Engineering Journals},
year = {2024},
volume = {8},
number = {2},
pages = {1325-1348},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1715656.pdf},
abstract = {The issue of sustainable development had been the major concern of economists globally and Nigeria was not left out. This was essentially due to the fact that the benefits of sustainable development might trickle down to the most vulnerable in society, thus enabling them to participate actively in economic activities that might enhance their standard of living. This study therefore, examined population growth and sustainable development in Nigeria, for the period between (1970-2022). The time series data were obtained from various secondary sources. Descriptive Statistics and econometric tool of Auto Regressive Distributed Lag Model (ARDL) was used to achieve the study objectives. The result of the ARDL revealed that population growth had a significant negative link on sustainable development at 5% level of significant with t-values of 4.3684 and -43.9501. The finding of the study also indicated that population growth (POP) are determinants of sustainable development in Nigeria. The result shows that there is a long-run relationship between population growth and sustainable development in Nigeria. The study concluded that population growth and poverty adversely affected the attainment of sustainable development in Nigeria. The study recommended that population growth must be checked through robust economic policies that focused on reducing the growth rate of population of the citizens.},
keywords = {Population; Sustainable Development; Growth, Auto Regressive Distributed Lag Model (ARDL; Poverty},
month = {August},
doi = {https://doi.org/10.64388/IREV8I2-1715656}
}