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EFFECT OF CORRUPTION ON THE ECONOMIC DEVELOPMENT OF NIGERIA

Abstract

There are many unresolved problems in Nigeria, but the issue of the upsurge of corruption is troubling. And the damages it has done to the polity are astronomical. In fact, the major factor obstructing her path towards sustainable development is corruption. This study therefore made an attempt to situate the impact of corruption on the socio-economic development of Nigeria. Adopting the system theory as a theoretical framework and relying on secondary sources of data, the study revealed the country’s scandalous underdevelopment in spite of her huge revenue, promotion of kidnapping, decline in public morality, absence of basic amenities and infrastructures, unemployment, poverty, high mortality rate, lawlessness, ghost workers syndrome, election irregularities, among others as a result of a failed system. The study recommended that the anti-corruption agencies will not be able to fight corruption alone unless effective institutionalization is embarked upon. Nigerians need empowerment, security and re-orientation through a responsible Press and exemplary leadership in all institutions in order to attain meaningful and sustainable development.

TABLE OF CONTENT:

CHAPTER ONE

INTRODUCTION

1.1     Background of the Study

1.2     Statement of the Research Problem

1.3     Objectives of the Study

1.4     Significance of the Study

1.5     Research Questions

1.6     Research Hypothesis

1.7     Conceptual and Operational Definition

1.8     Assumptions

1.9     Limitations of the Study

CHAPTER TWO

LITERATURE REVIEW

2.1     Sources of Literature

2.2     The Review

2.3     Summary of Literature Review

CHAPTER THREE

RESEARCH METHODOLOGY

3.1     Research Method

3.2     Research Design

3.3     Research Sample

3.4     Measuring Instrument

3.5     Data Collection

3.6     Data Analysis

3.7     Expected Result

CHAPTER FOUR

DATA ANALYSIS AND RESULTS

4.1     Data Analysis

4.2     Results

4.3     Discussion

CHAPTER FIVE

SUMMARY AND RECOMMENDATIONS

5.1     Summary

5.2     Recommendations for Further Study

References

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