CORRUPTION AND THE CRISIS OF DEVELOPMENT IN NIGERIA

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Date

2015

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Publisher

African Journal of Stability and Development

Abstract

Corruption has become so endemic and phenomenal in Nigeria that it is now possible to talk of the political culture of corruption. It is such that even in comparative ranking Nigeria has always ranked among the league of the five most corrupt countries and at times topping the list. Apart from the fact that it retards investment and economic growth, the problem of corruption has far reaching destruction impacts on Nigeria's political system. It is also antithetical to democratic consolidation. Indeed, corruption can distort the entire decision making process on investment, projects and other commercial transaction and the very social and political fabrics of social. this paper attempts to highlight effects of past corrupt leaders of Nigeria on the national development of the country.

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Keywords

Corruption, political, cultural, commercial

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