PL EN


2008 | 23 | 61-75
Article title

AN EXAMINATION OF CORRUPTION IN NIGERIAN ECONOMY

Title variants
Languages of publication
EN
Abstracts
EN
The author contends that Nigeria's abysmal ranking in the transparency international (TI) corruption index or conversion with any citizen would indicate that corruption is rampant. The author states that the corruption started in Nigeria before independence. After the independence, the culture of corruption was transferred to the Nigerian elites and rulers. The objectives of the paper are to examine the nature and causes of corruption and the development of national economy. Using descriptive and historical method and content approach of gathering data the author observed that generally, the impact of corruption on the Nigerian economy can be viewed from two perspectives: corruption in the pubic sector and corruption in the private sector. The author noted that a survey report in 2003 on corruption showed that there was an increasing rate of corruption in the public services with the police topping the list. This has resulted in efficiency of parastatals and thereby reduces the productivity of the Nigeria economy. The author concludes that persistent stagnation and the decline in the Nigeria economy are the major factors generating corruption and recommends that to transform Nigeria into viable economy free of corruption, it is imperative to pursue a programme of vigorous democratisation and accelerated economic recovery.
Year
Issue
23
Pages
61-75
Physical description
Document type
ARTICLE
Contributors
  • Peter Emeka Arinze, address not given, contact the journal editor
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
09PLAAAA06353
YADDA identifier
bwmeta1.element.ff9d3d3b-6546-338a-942d-3d4a4ebfb0fa
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