MAINSTREAMING CORRUPTION POVERTY AND DEVELOPMENT IN NIGERIA

Abstract

The paper gives an outline of Nigeria’s experience on corruption in the context of poverty and Development. It discusses the effects of corruption which are rooted in the political and economic situation of the polity. The challenge of corruption is at the root of our underdevelopment .It has become so pervasive that many essential public projects for which vast sums of money have been paid to concerned contractors have been abandoned. And when such public projects have been completed, their costs are always higher in comparison with the costs of similar projects in other countries. In Nigeria corruption stifle economic growth, reduce economic efficiency and development despite the enormous resources in the country. It depends essentially on data from secondary sources such as books, journal articles, government publications, among other relevant documents. The data were analyzed qualitatively using the descriptive analytical method in order to achieve the primary objective of the paper.