Geopolitical Risk and Its Effect on Nigeria’s Energy Inflation


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Akadiri S. S., OLASEHINDE WILLIAMS G. O.

Energy Research Letters, cilt.7, sa.3, 2026 (Scopus)

  • Yayın Türü: Makale / Derleme
  • Cilt numarası: 7 Sayı: 3
  • Basım Tarihi: 2026
  • Doi Numarası: 10.46557/001c.127521
  • Dergi Adı: Energy Research Letters
  • Derginin Tarandığı İndeksler: Scopus
  • Anahtar Kelimeler: Energy inflation, Geopolitical risks, Nigeria, Time varying causality
  • Açık Arşiv Koleksiyonu: AVESİS Açık Erişim Koleksiyonu
  • İstanbul Ticaret Üniversitesi Adresli: Evet

Özet

This study investigates the effect of geopolitical risk on energy inflation in Nigeria from 2012 to 2023. Utilizing a time-varying causality methodology, we examine the influence of geopolitical events, as measured by the Salisu et al. (2023) index, on gas inflation and fuels for transport. The results indicate that geopolitical tensions substantially contribute to energy inflation, underscoring the necessity for proactive policies to alleviate the economic impacts of such risks.