Home Project-material CORRUPTION AND CHALLENGES OF SOCIAL-ECONOMIC DEVELOPMENT IN NIGERIA, 2014-2018

CORRUPTION AND CHALLENGES OF SOCIAL-ECONOMIC DEVELOPMENT IN NIGERIA, 2014-2018

Dept: POLITICAL SCIENCE File: Word(doc) Chapters: 1-5 Views: 1

Abstract

Corruption is a persistent issue in Nigeria. Corruption is a form of anti-social behavior by an individual or social group which confers unjust or fraudulent benefits on its perpetrators, is consistent with the established legal norms and prevailing moral ethos of the land and is likely to subvert or diminish by capacity of the legitimate authorities to provide fully for the material well- being of all the members of society in a just and equitable manner. The aim of this study is to examine whether corruption engendered poverty in Nigeria. Research design involves the structuring of investigation aimed at identifying variables and their relationship with one another. It is used for the purposes of obtaining data to be used in the test of hypothesis or in answering research questions. It is also an outline or a scheme that serves as a useful guide in the generation of data. To determine the sampling size is the total number of adults eligible to vote which is 119, 337, 668 within Nige
CHAPTER ONE

INTRODUCTION

1.1      Background of the study

Corruption is a persistent issue in Nigeria. Corruption is a form of anti-social behavior by an individual or social group which confers unjust or fraudulent benefits on its perpetrators, is consistent with the established legal norms and prevailing moral ethos of the land and is likely to subvert or diminish by capacity of the legitimate authorities to provide fully for the material well- being of all the members of society in a just and equitable manner (Fritz, 2016). President Muhammadu Buhari defined Corruption as the greatest form of human right Violation. Since the Creation of Modern Public Administration in the Country, there have been cases of official misuse of funds and resources (Gladden, 2012). The rise of public Administration and the discovery of oil and National Gas are two major events seen to have led to the increase in corrupt practices in the country. However, this is attributed to colonialism. According to Gboyega, (2013), the nation’s colonial history may have restricted any early influence in an ethnical revolution; “the trappings of flashy cars, houses and success and to emulate the colonists in different political ways”. Involvement in the agenda of colonial rule may inhibit idealism in the early stages of the nascent nation’s development. A view commonly held during the colonial days was that colonist property (cars, houses, farms etc) is not “our” property (Gullick, 2017). The issue of embezzlement and fraudulent activities, mismanagement, economic corruption, lack of accountability and transparency continues to elude a country like Nigeria ever since her independence. It’s mitigating the entire population both at the grass roots up to the political levels. Even the mentally deterred people in the country could recognize the havoc caused by corruption. Evidence abound that the rate of corruption especially financial crimes like advanced fee fraud fondly known as 419 and money laundering committed in Nigeria is alarming. Nigerian’s are treated with suspicion in all business dealings within and outside the country, making majority of honest Nigerians suffer the result. In regards to this, Gboyega, (2013), opined that the federal government should try to implement an intensive programme of eradicating the menace of corruption in the country. This is because, it has the political will to achieve this objective. The most relevant effort is the creation of EFCC. The EFCC was established by an act of parliament on December 13th 2002 by the federal government they began full operation in 2003. It has support from the presidency, the legislature, security and law enforcement agencies in Nigeria. The commission is primarily charged with the responsibility of eradicating all the economic and financial crimes such as: advanced fee fraud, money laundering, counterfeits, future market fraud, fraudulent encashment of negotiable instrument, computer credit card fraud, contracts scam, and embezzlement of public funds and illegal acquisition of company shares which do not exist to investors (Igbuzor, 2016). According to Jombo, (2014) our politicians are also not exempted in this financial crime. In Nigeria today, people see politics as a short cut to becoming a millionaire. Those voted into power use it as an opportunity of looting the public funds, diverting them to their personal account instead of providing the people with dividends of democracy. According to Lawal & Johnson, (2012), corruption has continued to be a destructive element in the government of Nigeria and the perception of the country in the community of nations. It has resulted to a lot of problem, thus: loss of government, brain drain, electoral malpractices and absence of law and orders. Thus, vandalism and looking of public property was not seen as a crime against society. This view is what has degenerated into the more recent disregard for public property and lack of public trust and concern for public goods as a collective national property. The government has aimed at containing through the enactment of laws and the enforcement of integrity systems, but success has been slow. As at 2012, Nigeria is estimated to have lost over $400 billion to corruption since independence. Many attributed this to flagrant graft and exists in the country. Many blamed greed and Ostentatious life-style as a potential root cause of these problems. The effects of corruption on the socio-economic landscape of any society can be so devastating that noting meaningful works in the midst of this malaise (Adeyanju, 2017).

In the midst of all the strands of corruption it can be said that political corruption predominates (Gauba, 2011). And this area of study constitutes the potential issue of study. This is because those at all helm of affairs of government, the political elite accounts for the sharing and allocation of values in the society. This misallocation of these values and resources seem to be at the heart of Nigerian’s Socio-Economic problems upon which multidimensional social vices the country passes through (Ojo, 2016). 



Recent Project Materials

Abstract There has been a meaningful contribution by researchers on this subject; public Relations. So this...
Word(doc) 1-5 3 Read More
Abstract It is obvious that Communication has gone a long way in promoting unity and formation of relevant...
Word(doc) 1-5 2 Read More
Abstract The media industry in the contemporary Nigeria is basically urban centered. This is in contrast t t...
Word(doc) 1-5 2 Read More
Abstract Technology is a very important and useful part of life, effective and appropriate use of it still n...
Word(doc) 1-5 1 Read More
View More Topics