Do women in politics and government efficiency enhance electricity access in Nigeria: analyzing energy prices and foreign investment

Abstract

Access to reliable, affordable, sustainable, and modern energy, along with the empowerment and increased participation of women in decision-making and politics, are fundamental to achieving the Sustainable Development Goals (SDGs) set forth by the United Nations (UN). The UN accentuates the critical role of women in politics for the successful attainment of the SDGs. This study delves into this aspect by investigating the impact of female political representation on access to electricity. Additionally, the study examines the influence of government efficiency, foreign direct investment (FDI) inflows, urbanization, and economic growth in Nigeria, utilizing data spanning from 2003Q1 to 2021Q4. Employing advanced econometric techniques such as wavelet quantile regression, wavelet quantile correlation, and quantile-on-quantile Granger causality analysis, our analysis reveals noteworthy insights. Our findings reveal a correlation between heightened female political representation and decreased access to electricity in Nigeria. Additionally, we note the beneficial impacts of foreign direct investment (FDI) inflows, economic growth, and governmental efficiency on the accessibility of electricity. Furthermore, our quantile-on-quantile Granger causality analysis highlights the predictive capabilities of female political representation, urbanization, FDI, and economic growth regarding electricity accessibility in Nigeria. Drawing from the insights gleaned in our study, we have crafted substantial policy recommendations designed to tackle the identified challenges and promote advancements in both electricity access and women's political engagement.