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Analysis shows mixed environmental effects from refining capacity in Nigeria, suggesting need for green policies.
This study examines the impact of oil refining capacity on environmental quality in Nigeria from 1970 to 2023, incorporating resource rents, urbanization, foreign direct investment, and economic growth. Using novel multivariate quantile-on-quantile regression, findings reveal that refining capacity has mixed environmental effects, while resource rents and urbanization exacerbate degradation. The impact of foreign direct investment depends on sectoral allocation, and economic growth remains unsustainable, highlighting the need for green investments and stronger environmental policies.
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Akadırı et al. (2025) studied this question.
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