Organized corruption an impediment to the socio-economic survival of Nigeria: An MDAs perspective

Nsirimovu, Okwuwada (2024): Organized corruption an impediment to the socio-economic survival of Nigeria: An MDAs perspective.

Abstract

The prevalent nature of corruption in the nation's leadership paradigm took on an unending canker-like connotation to the point that it not only permeated every segment of the population but also emerged as one of the most potent variables influencing the distribution of social amenities and opportunities in the country. This paper applies a qualitative approach to analyze the escalation of corruption in ministries, departments, and agencies in Nigeria. The paper submits that any nation's socioeconomic and political worth is undermined by the intricate and multidimensional nature of organized corruption amongst the privileged few, especially those on the front lines of public service. It finds that all forms of corruption have an impact on all departments of nationhood, such as the electricity sector, mining and petroleum, the judicial system, and political administration. Thus, it becomes a necessity for all stakeholders to collaboratively work together to reduce this phenomenon in Nigeria because the upsurge in corruption in modern-day Nigerian society left both policymakers and citizens alike dolorous and disappointed. This disappointment can be addressed by adhering strictly to the provisions of the law at all levels, especially during appointments into public service; appointments must be made on merit.

• Item Type: MPRA Paper
• Language: English
• Keywords: organized, corruption, impediment, socio-economic, survival, MDAs,
• Subjects: A - General Economics and Teaching > A1 - General Economics; A - General Economics and Teaching > A1 - General Economics > A11 - Role of Economics ; Role of Economists ; Market for Economists

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