Abstract
This study examined the impact of renewable energy consumption on economic growth in Nigeria from 1990-2022. The data for this study were obtained from World Bank Development Indicators, the Central Bank Statistical Bulletin, and the World Carbon Budget. The study Non-linear Autoregressive Distributed Lag (NARDL) model. The NARDL Wald test result shows that an asymmetric relationship exists between renewable energy consumption and economic growth in the long run. The short-run and long-run results for the NARDL revealed that both the positive and negative changes in renewable energy consumption are significant at a 5% significance level. Still, the positive change exhibited a positive relationship between renewable energy consumption and economic growth, while the negative change exhibited a negative relationship. Also, the long-run results revealed that positive change is significant while negative change is not. It was observed that the impact of positive change is negative while that of negative change is positive, as shown in their respective coefficients of -0.526016 and 0.184204, respectively. Based on the findings, the study recommended that the government, policymakers, and all stakeholders in the energy sector support policies that will help increase the consumption of renewable energy in the country.