SOCIOLOGY AND BRIBERY AND CORRUPTION IN NIGERIAN SOCIETY

SOCIOLOGY AND BRIBERY AND CORRUPTION IN NIGERIAN SOCIETY

Abstract

Bribery an corruption has affected many countries all over the world especially the developing countries. It has various implications for both the developed and developing economies. Corruption hampers development and thus raises the level of poverty in any economy that finds itself entrenched in corrupt practices. Corruption creates uncertainty and risk in the growth and development potential of any country. The study investigated the impact of corruption on economic development in Nigeria.

Secondary data were sourced from World Bank reports on Nigeria and corruption reports from transparency international on Nigeria. The data were analysed using the Ordinary Least Square (OLS) regression technique. Hypothesis tested with respect to Corruption Perception Index (CPI) was not accepted implying that the tests were statistically significant, meaning that Corruption Perception Index (CPI), a proxy for corruption in this research negatively affects economic development. On the other hand, the hypothesis tested on the Corruption Rank (CR) of Nigeria and Relative Corruption Ranking (RCR) of Nigeria among countries under review was not accepted meaning that the relative position of Nigeria among countries under review and Nigeria’s rank on corruption cadre is also statistically significant.

The findings show that corruption has a significant negative effect on economic growth and development. It is recommended that the Nigerian government should employ the strict application of anti-corruption codes as stipulated in the legislations that created the anti- corruption agency without prejudice or double standard irrespective of the culprit’s stature or position in the society. Transparency, accountability and the application of the rule of law in dealing with corrupt government officials and politicians can lead to improved CPI ranking, induce investment, and foster economic growth and development.

BUY THIS TOPIC ON WHATSAPP

Related Project Materials

INTRODUCTION

Accident, literally, a befalling, an occurrence that occurs without forethought or anticip...

ABSTRACT

This study was undertaken to examine management accounting techniques as a tool for decision making in manageme...

ABSTRACT

The advent of modern communication gadget –implication for Nigerian Journalism.  The tittle of this study took a vivi...

ABSTRACT

This study analysed 60:40 ratio admission policy implementation for science and arts related courses in Kwara state tertiary ins...

INTRODUCTION

1. 1.  BACKGROUND OF STUDY
   ...
   Read more

   PRE-COLONIAL RELATIONS AMONG THE YORUBA

   ABSTRACT

   The Yorubas are composed of several clans of which the chief are the Oyos, the Egbas, the Ifes and the Ijebus,...

   Read more

   VIRTUAL LEARNING AS A METHOD OF INCREASING LITERACY IN NIGERIA: A CASE STUDY OF UNIVERSITY OF IBADAN  

   ABSTRACT

   This study was designed to investigate the virtual learning as a method of increasing literacy in Nigeria. It a...

   Read more

   THE IMPACT OF ACCOUNTING ON ORGANIZATION EFFECTIVENESS A CASE STUDY OF THE FEDERAL PAY OFFICE

   ABSTRACT

   The need for keeping prompt and accurate record of transaction in the government services of the receipt and di...

   Read more

   EFFECTS OF SYSTEMATIC DESENSITISATION AND TOKEN ECONOMY ON SEPARATION ANXIETY OF JUNIOUR SECONDARY SCHOOL STUDENTS

   ABSTRACT

   This study investigated the effects of systematic desensitization and token economy on separation anxiety of Juniour Secondary S...

   Read more

   MAINTENANCE OF BUILDINGS OF PUBLIC INSITUTIONS IN GHANA. CASE STUDY OF SELECTED INSTITUTIONS IN THE ASHANTI REGION OF GHANA.

   ABSTRACT

   A building fabric is referred to as an “environmental envelope” b...

   Read more

   Share this page with your friends