THE FIGHT AGAINST CORRUPTION IN NIGERIAN ECONOMY: A FLIRTING ILLUSSION
Ali D. Ibrahim
Department of Business Education
Federal College of Education, Yola
Email: alidanje@yahoo.com
Abstract: Corruption is a multifaceted public, political and economic phenomenon that affects all countries. Corruption undermines democratic institutions, slows economic development and contributes to governmental instability. Corruption attacks the foundation of democratic institutions by distorting electoral processes, perverting the rule of law and creating bureaucratic quagmires whose only reason for existing is the soliciting of bribes. This paper chooses to focus on the forms causes of corruption universally and domestically, and efforts of government in curbing corruptions. The paper recommends Morality, Pension Reform, Having the right weapons- policies, laws, and resources, Independent and incorruptible enforcers, Confiscation of assets and Reduction in the opportunities among others as a means of reducing the level of corruption in Nigeria. It was concluded that until that day when the fight will know no tribe, party, friends and allies, it shall remain a flirting illusion to be pursued.
Key words: Corruption, The fight against Corruption, Pension Reform and political will