CORRUPTION AND SUSTAINABLE ECONOMIC DEVELOPMENT IN NIGERIA:A CRITICAL APPRAISAL

Student: Uzono Joy Uminawaji
Supervisor: Dr Anietie Atai
HOD: Dr Sunny M. Piate
Department of Political Science
Social and Management Science
Akwa Ibom State University, Ikot-Akpaden, Akwa Ibom State

Abstract

Over Several centuries, the most single Cankerworm thathas caten deep into the fabrics of our society is corruption and there is a Consensus among well-meaning Individuals and foreign nations that Corruption has inevitably become a major clog in the quest for sustainable economic development in Nigeria-Corruption has been single out as a primary for the woes of Nigeria, even as Resources that are allocated for hospitals, road construction, schools and other infrastructure are wither out rightly siphoned, embezzled or misappropriated. Nigeria has faced this problem of being classified as a leading I con among the most corrupt nations of the world.The study was undertaken to critically examine Corruption and Sustainable cconomic development in Nigeria. The objectives as to examine the Impact of Corruption on the Gross Domestic Product (GDP) and poverty level in Nigeria and to examine how corruption can be curbed in Nigeria. The study is a descriptive research data was collected from secondary sources. The theoretical framework used for the study is the theory of prebendalism. Major findings revealed that corruption hampers economic development of Nigeria as it has significant effect on the Gross Domestic Product (GDP) and on the poverty level of the people.The study recommended that the Nigerian government should employ the strict application of anti-transparency and accountability in every sphere of government and among political office holders.

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