Anti-Corruption Drive and Attainment of Sustainable Economy in Nigeria

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Oladepo Kazeem Adebowale
Sanni Olukayode Adekunle

Abstract

Several attempts by scholars, global policy makers and institutions to understand the cause(s) and continuous prevalence of economic crisis in Nigeria identified corruption as the most critical factor. Though corruption is a global scourge, Nigeria however appears to have suffered the most from the phenomenon where political leaders are seeing to be pathologically corrupt. The inauguration of Muhammed Buhari Administration heralded new hopes and expectations for his anti-corruption drive after taking office on 29th May, 2015. There is a strong believe that the administration would end all forms of corrupt practices and the new order he established would promote the needed economic development in Nigeria. Surprisingly, to date, Nigeria experience still present a vastly contrasting scenario, the country's public administration has been characterized by massive corruption while the Nigeria system seems to have been hijacked by the merchants and political barons marginalizing the people and steadily sliding the Nigeria economy on the part of collapse. With heavy reliance on secondary data derived from library search, archival records, government records and internet search, the paper will evaluate the impact of anti-corruption drive on the attainment of sustainable economy in Nigeria.

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