+234 813 0686 500
+234 809 3423 853
info@grossarchive.com

IMPACT OF CORRUPTION ON ECONOMIC DEVELOPMENT OF NIGERIA FROM 2011-2015

  • Type:Project
  • Pages:70
  • Format:Microsoft Word
(Industrial Relations and Personnel Management Project Topics & Materials)

 

ABSTRACT

This research project was an overview of the Nigeria’s recent experience on corruption in the context of economic development. It discusses the possible causes and impact of corruption, which are seen to be rooted in socio-cultural value practices and the political and economic situation of the country. Data were drawn clearly from publications with relevant information about the impact.


In addition, this study found a negative correlation between levels of corruption and economic growth thereby making it difficult for Nigeria to develop fast. In Nigeria, corruptions hinder the Economic; reduce economic efficiency and create unemployment despite the enormous resources in the country. Corruption creates negative national image and loss of much needed revenue. It devalues the quality of human life, robs schools, agricultural sectors, hospital and welfare services of funds. The biggest challenge for the country therefore is not just to punish corrupt behaviour or go into bargaining plea. The country must reverse the prevailing culture in which corruption is viewed as permissible. People should be educated on the dangers of excessive materialism and the culture of ‘get rich quick’. There is also the need for more job creation with better remuneration.

 

 

 

 

 

 

 

TABLE OF CONTENTS

 

CONTENT                                                                                                                Page

Title Page                                                                                                                      i

Approval Page                                                                                                              ii

Certification                                                                                                                  iii

Dedication                                                                                                                     iv

Acknowledgement                                                                                                         v

Abstract                                                                                                                         vi

Table of Contents                                                                                                          vii

 

CHAPTER ONE-       INTRODUCTION…………………………………………1

1.0       Background of the study       …………………………………………….1

1.1       Objectives of the study ……………………………………………………1

1.2       Research questions      ……………………………………………………………………………………3

1.3       Research hypotheses…………………………………………………………………………………3

1.4       Significant of the study          …………………………………………………………………………..4

1.5       Limitation of the study……………………………………………………………………………..5

 

CHAPTER TWO – LITERATURE REVIEW …………………………………6

2.0       Evolution of corruption          ……………………………………………………………………………6

2.1       Conceptual framework……………………………………………………………………………..9

2.2       Constituents of corruption in Nigeria………………………………………14

 

2.3       Evaluation of different administrations from 1985 IBB’S military government to the present (2010) Goodluck Jonathan’s administration ………16

2.4 Corruption: the Nigerian example             …………………………………………18

2.4.1The civilian government of Olusegun Obasanjo from 1999-2007          ……….. 18

2.4.2 Yar’ adua’s Administration ……………………………………………..18

2.4.3 The incumbent government of president good luck Ebere Jonathan …. 19

2.4.4 Cases of loot to the detriment of our economic development………….. 19

2.4.5 Loots under Abubakar ……………………………………………………20

2.4.6 Obasanjo’s era…………………………………………………………….21

2.5       Causes and types of corruption          ……………………………………………………………….21

2.6       Effects of corruption in Nigeria……………………………………………………………….25

2.7       Various vocabularies used to describe corruption and corruption typology in Nigeria……………………………………………………………………………………………………29

2.8       Corruption and economic development in Nigeria ……………………………… 30

 

CHAPTER THREE- RESEARCH METHODOLOGY  ……….………….32

3.0       Introduction……………………………………………………………..,…32

3.1       Research design……………………………………………………………32

3.2       Method of collection of data ………………………………………………32

 

CHAPTER FOUR - DATA PRESENTATION AND ANALYSIS…………34

4.0       Introduction…………………………………………………………………………………………….34

4.1       Causes and challenges of corruption ………………………………………34

4.2       Extent of corruption in Nigeria………………………………………......38

4.3    Measures established by government s to fight corruption in Nigeria   …..40

vii

4.4       Anti- graft agencies and their fight against corruption in Nigeria………40

4.4.1    The Independent Corrupt Practices and other related offences commission (ICPC) ……………………………………………………………………………………………….        …..40

4.4.2   Economic and Financial Crimes Commission (EFCC) ……………….. 42

4.5       Achievements of government through these commissions in combating corruption in Nigeria……………………………………………………………………………… 43

4.6       Positive consequences of economic reforms and the use of anti-corruption instruments in Nigeria  ……………………………………………………………………………44

4.7       Negative consequences of economic reforms and anti-corruption instruments in Nigeria ………………………………………………………………………………………………. 47

4.8       The challenge of curbing corruption and implementation of economic reforms programmes the Nigeria …………………………………………………………..48

 

CHAPTER FIVE- SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATION ………………………………………………………52

5.1 Summary of findings........................................................................................52

5.2 Conclusion....................................................................................................... 52

5.3 Recommendation...............................................................................................53

 

References........................................................................................................55

 

  

 

IMPACT OF CORRUPTION ON ECONOMIC DEVELOPMENT OF NIGERIA FROM 2011-2015

Share This

Details

Type Project
Department Industrial Relations and Personnel Management
Project ID IRM0036
Price ₦3,000 ($9)
No of Pages 70 Pages
Format Microsoft Word

500
Leave a comment...

    Details

    Type Project
    Department Industrial Relations and Personnel Management
    Project ID IRM0036
    Price ₦3,000 ($9)
    No of Pages 70 Pages
    Format Microsoft Word

    Related Works

      ABSTRACT This research project was an overview of the Nigeria’s recent experience on corruption in the context of economic development. It discusses the possible causes and impact of corruption, which are seen to be rooted in socio-cultural value practices and the political and economic situation of the country. Data were drawn clearly from... Continue Reading
    CHAPTER ONE INTRODUCTION 1.1   Background of the Study           Elections were first organized and conducted in Nigeria in 1922 by the British colonial government in response to the pressures of the nationalists who were agitating for greater participation in the colonial administration (Enojo, 2010). Following the elections,... Continue Reading
    ABSTRACT This study was motivated by the high rate of corruption in Nigeria. The purpose of this study is to find out the impact of corruption and the strategy to reduce it. Chapter one dealt with the background of the study, purpose of the study significance of the study and statement of... Continue Reading
    ABSTRACT Many efforts have been made towards understanding the relationship between capital market and the economic development of Nigeria. The capital market of every economy is setup for the attainment of specific objective which includes economic growth and stability; Data were collected and analyzed using ordinary least square analysis. These... Continue Reading
    ABSTRACT Many efforts have been made towards understanding the relationship between capital market and the economic development of Nigeria. The capital market of every economy is setup for the attainment of specific objective which includes economic growth and stability; Data were collected and analyzed using ordinary least square analysis. These... Continue Reading
    AN EMPIRICAL ANALYSIS OF THE IMPACT OF MONETARY POLICY ON ECONOMIC DEVELOPMENT IN NIGERIA  (1985–2011)  CHAPTER ONE INTRODUCTION 1.1    BACKGROUND OF THE STUDY One of the major issues which have occupied the mind of government for years is the impact of monetary policy as a tool for price stability in Nigeria. Despite the lack consensus... Continue Reading
    CHAPTER ONE INTRODUCTION Unarguably, corruption is one of the greatest threats to the economic and development of any nation. Observers insist that the fight against corruption in Nigeria has remained a major challenge facing successive administrations. They stress that Nigeria has been... Continue Reading
    The study examined the Impact of Corruption on the Socio-economic Development in Akwa Ibom State, with specific attention on Ikot Ekpene local Government Area. To achieve the stated objective, the study adopted a descriptive and survey design method and thus, data were collected from both the primary and secondary source. The hypotheses of the... Continue Reading
    ABSTRACT This research is on economic development in Nigeria the main objectives of the study are to review the economic development in Nigeria between the year 2001-2011. Major data for this study was collected from secondary sources and analysis. This study found that: (a) The major... Continue Reading
    ABSTRACT This research is on economic development in Nigeria the main objectives of the study are to review the economic development in Nigeria between the year 2001-2011. Major data for this study was collected from secondary sources and analysis. This study found that: (a) The major... Continue Reading