Effect of Green Information and Communication Technology on Survival of Electricity Distribution Companies in Nigeria

Authors

  • Ayomiposi Sodeinde

    Department of Mathematics and Statistics Austin Peay State University, Clarksville, TN, USA
    Author
  • Oluwafemi Orekoya

    University of Chicago Booth School of Business, Chicago, USA.
    Author
  • Daniel Jayeoba

    Harvard University, Boston, USA
    Author
  • Oyebade Adepegba

    Yale University. New Haven, USA
    Author

Keywords:

Green Information and Communication Technology (Green ICT), Energy Efficiency, Renewable Energy Integration, Sustainable Energy Practices and Survival

Abstract

This study investigates the impact of Green Information and Communication Technology (Green ICT) on the survival of electricity distribution companies in Nigeria, emphasizing the critical dimensions of energy efficiency and renewable energy integration. Using a cross-sectional survey design, data was collected from key stakeholders in the electricity distribution sector and analyzed through multiple regression methods. The results indicate a significant positive correlation (R = 0.713) between Green ICT adoption and company survival, with energy efficiency and energy integration jointly explaining 50.8% (R² = 0.508) of the variation in survival rates. The ANOVA results further confirm the model’s significance (F = 12.743, p < 0.001), demonstrating that Green ICT adoption substantially influences the sustainability of electricity distribution companies. The regression coefficients reveal that energy efficiency (B = 0.234, p = 0.043) and energy integration (B = 0.287, p = 0.002) both contribute positively to operational resilience, with energy integration exhibiting a stronger impact. These findings underscore the transformative potential of Green ICT in mitigating Nigeria’s electricity sector challenges, including revenue shortfalls, operational inefficiencies, and environmental concerns. The study recommends that policymakers and industry leaders prioritize energy-efficient technologies, such as smart meters and optimized grid management systems, and invest in renewable energy sources to enhance sustainability. Such initiatives will not only ensure the long-term survival of electricity distribution companies but also align with global sustainability targets, positioning Nigeria’s energy sector for a more resilient and environmentally responsible future.

Author Biographies

  • Ayomiposi Sodeinde, Department of Mathematics and Statistics Austin Peay State University, Clarksville, TN, USA

    Department of Mathematics and Statistics Austin Peay State University, Clarksville, TN, USA

  • Oluwafemi Orekoya, University of Chicago Booth School of Business, Chicago, USA.

    University of Chicago Booth School of Business, Department of Business Administration, 

  • Daniel Jayeoba, Harvard University, Boston, USA

    Department of Business Administration, Harvard Business School,

  • Oyebade Adepegba, Yale University. New Haven, USA

    Department of Business Administration, 

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Published

2025-03-12

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