By: Amoka Eunice O. 08BE07309
Introduction
The destructive impacts of corruption in the lives of nations throughout the world is acknowledged. Corruption is one factor that can impede the accelerated socio-economic transformation of developing countries of the world (Alawode, 2008). Corruption can be defined as the misappropriation of public resources to private ends (Ojo, 2003). Adeyemi (2013), also defines corruption as efforts to secure wealth or power through illegal means or private gain at public expense. He also defines corruption as a misuse of public power for private benefit. According to Camaj (2013), corruption is characterized by the abuse of public power for personal gain or for the benefit of a group to which one owes allegiance. Ojo (2003), states that a cause of corruption can be the disappearance of good moral and ethical values. According to Adeyemi (2013), corruption is a worldwide phenomenon and there is hardly any society without one form of corruption or the other. The author also states that corruption is seen as one of the major impediments to the economic development of the nation.
Corruption is a bane of Nigeria’s socio-economic development which threatens the existence of Nigeria as a political entity. Many scholars have argued that Nigeria has a long history of corruption which could be traced to independence. Today, corruption is regarded as an indispensable factor of the Nigerian psyche. Today, the word ‘Nigerian factor’ has been registered in the vocabulary of Nigerians to connote corrupt practices (Adeyemi, 2013). The history of corruption in Nigeria is strongly rooted in the over 29 years of military rule. All the military regimes subdued the rule of law, facilitated (Ojo, 2003). Corruption remains a symptom of a poorly functioning state as witnessed in most developing countries such as Nigeria. Indeed, those who give and receive bribes can drain a nation’s
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