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Does access to credit promote the use of modern energy services? Evidence from rural Nigeria

Alfred Ndiaye · 2025 · Energy Economics

Summary. Credit access modestly increases rural Nigerian households' adoption of modern energy services, particularly electric lighting, phone charging, and fan ventilation. Formal and cooperative loans prove more effective than informal credit. However, credit alone cannot drive energy transitions—household wealth, education, and infrastructure type significantly influence adoption patterns, indicating that financial access must combine with broader socioeconomic improvements.

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Ndiaye, A.. (2025). Does access to credit promote the use of modern energy services? Evidence from rural Nigeria. Energy Economics. https://doi.org/10.1016/j.eneco.2025.108666

Details

DOI
10.1016/j.eneco.2025.108666
Countries
Nigeria
Regions
Africa
Categories
energy, funding
Added
2026-04-28