EFFECT OF INFLATION ON PRODUCT FINANCING OF SOLAR ENERGY BY D.LIGHT LIMITED, LAGOS NIGERIA

https://doi.org/10.5281/zenodo.10638593

Authors

  • Ndukwe Smart Chibuisi Department of Business Administration, Faculty of Management Sciences, Enugu State University of Science and Technology (ESUT)
  • Okechukwu Elizabeth Uzoamaka Department of Business Administration, Faculty of Management Sciences, Enugu State University of Science and Technology (ESUT)

Keywords:

Inflation, Product financing, Solar energy, Delight limited

Abstract

This work is on the effect of inflation on product financing of solar energy by delight limited, Lagos Nigeria. The objectives of the study were to determine the effect of cost-push inflation on debt financing and ascertain the effect of demand-pull inflation on equity financing of delight limited, Lagos Nigeria. A total population of one hundred (100) staff selected from the Lagos branches of delight Limited was used. Linear regression analysis was utilized to test the hypotheses of the study. The statistical tool used for the analysis is the statistical package for social sciences (SPSS) version 26. The findings of the study revealed that cost-push inflation does have significant effect on debt financing of delight limited, Lagos Nigeria and emand-pull inflation does have significant effect on equity financing of delight limited, Lagos Nigeria. The study concludes that that inflation, whether cost-push or demand-pull, plays a crucial role in shaping the financing options for solar energy companies such as delight Limited in Lagos, Nigeria. It was recommended among other things that the company adopts a proactive approach to managing its debt financing in the face of inflationary pressures

Published

2024-02-09

How to Cite

Ndukwe, S. C., & Okechukwu , E. U. (2024). EFFECT OF INFLATION ON PRODUCT FINANCING OF SOLAR ENERGY BY D.LIGHT LIMITED, LAGOS NIGERIA. Interdisciplinary Research Journal of Management and Social Sciences (IRJMSS), 11(1), 1–16. https://doi.org/10.5281/zenodo.10638593

Issue

Vol. 11 No. 1 (2024): January-March

Section

Original Peer Review Articles
Copyright & Licensing

Copyright (c) 2024 Interdisciplinary Research Journal of Management and Social Sciences (IRJMSS)

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

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