The Dynamics of Inflations in Nigeria as They Impact on the Environmental Quality of Enugu, Nigeria

Abstract

The dynamics of inflation in Nigeria have affected various sectors. This paper sets out to examine how core and non-core (food) inflations in Nigeria have affected the environmental quality of Enugu Metropolis. Factor Analysis was used to reduce the various environmental quality variables into single factor score known as the ‘Y’ variable. The inflation rates of core and Non-core inflations in Nigeria for various years were used as the inflation variables (X1 and X2 respectively). The environmental quality variable was the dependent variable while inflation variables served as independent variables. Multiple linear regression was used to establish the relationship between the environmental quality variable and core and Non-core inflation variables. The results showed that in the coefficient of determination, adjusted r2 = 0.958, indicating that 95.8% variation in the dependent variable (environmental quality) can be predicted from the independent variable (Core and Non-Core inflations). The environmental quality of Enugu metropolis was negatively impacted by the changes in core and Non-Core inflations in Nigeria. Encouragement of residential property development in various dimensions among others has been recommended to help ameliorate the situation.   

Keywords: Core, Environmental, Inflations, Non-Core, Quality


Article Review Status: Published

Pages: 12-27 (Download PDF)

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