Corruption, Development and Security in Nigeria

Abstract

Although corruption has existed in human society for quite a long time, the incidence of corruption and insecurity in Nigeria poses great challenges to governance and has become an issue of public concern; corruption has impacted negatively on national development in Nigeria; despite various policies and programmes adopted by previous governments in the country there is still the prevalence of socio-economic cum political challenges, Nigeria is still bedevilled by the problems of poverty, inequality and insecurity ,deteriorating educational system, high level poverty, poor living conditions and inequality. The paper seeks to assess corruption, development and security in Nigeria, the research specifically examines the impact of Corruption on Developmental and Security; there are various measurements, scales and variety of causes of corruption that are undertaken through various methods. There are several types of corruption being practiced by Nigerians. Findings from the study showed that, corruption serves as the major factor for the retardation of Nigeria socially, economically and politically and has negatively impacted on the
country’s corporate existence. What distinguished this study from previous ones is that, it examined the current security challenges faced by the country as a result of financial misappropriation. The study argued that financial fraud and insecurity have done more damage to the country than any other phenomena in our national history as a nation and recommends the need by all Nigerians to see the inherent dangers of corruption and do everything within our power and will as a people to
bring to an end the scourge of corruption from Nigeria so that we can move forward in terms of development, safety and peace.