EFFECT OF CORRUPTION ON THE ECONOMY: A CASE STUDY OF EGOR LOCAL GOVERNMENT AREA EDO STATE
ABSTRACT
The study investigated into the effect of corruption on the economy: a case study of Egor Local Government Area of Edo State. The research instrument used included questionnaire and interviews. Some research questions postulated included the following; what are the means put in place to curb corruption in the study area? What are the effects of corruption in Nigeria? What are the identified factors that breed corruption in the geopolitics of Nigeria? A total of one hundred respondents were used. The simple percentage tabulation method was used for the data analysis. Some recommendations were preferred to alleviate the identified problems.
TABLE OF CONTENT
CHAPTER ONE
Introduction
Statement of problem
Purpose of the study
Research questions
Significance of study
Scope of study
Limitation of study
CHAPTER TWO
Literature review
CHAPTER THREE
Methodology
Data collection
Population of study
Sampling procedure
Method of data analysis
CHAPTER FOUR
Presentations and analysis of data
CHAPTER FIVE
Summary Concision and Recommendation
Summary
Conclusion
Recommendation
Suggestion for further research
REFERENCES
QUESTIONNAIRE
CHAPTER ONE
INTRODUCTION
- BACKGROUND TO THE STUDY
Corruption in Nigeria political system in Egor Local Government Area is a menace to the people and the country at large. Besides, Nigeria has other factors that have battered her political system. These are no other things than the war against indiscipline, political crisis, and economic and financial crimes commission (EFCC) have been employed and adopted by past regime and administrations to curb the evil practices, but all proved abortive, while the economic recession is on the increase. How long should this continue?
According to a statement in the Daily Times (1999), “decades after decades, children are born to see and learn of this enemy of development, why should we allow this to continue? We need to join hands on this criminal behaviours in other to protect present and future generations of our great country. Corruption has really been the bane of this country. All hands must be on deck. Osisioma (1999) Nigeria was grouped as the second position and the sixth position of the world most corrupt countries. The sequence of the position above shows little improvement which is not significant for stopping the worry of patriotic Nigerians on the matter. The Instinet for corruption normally begins with ungratefulness and greediness. As stated by Malick (1994) the origin of corruption is that it is influenced by the quest for more material wealth.
According to Bureau for Public Procurement (BPP 2008) Nigeria losses sixty kobo to underhand practices out of every one naira (100 kobo) spent by government. The wealth of this nation is being looked by few privileged individuals known as civil servant and politicians who are busy acquiring their ill gotten wealth by inflating contracts, diverting public assets into personal economy in different ways. According to Akara (2012) corruption in all its ramifications in any society is the symptom of the moral indiscipline and moral decadent that can only be arrested and the society regenerated, if an only the society itself becomes aware and conscious of its dangerous descent into the abyss of self-extension. Corruption in Egor Local Government Area has really affected the public sector and has spilled to other sectors of the economy such as private sectors businesses and households in view of the yearly reports of the Nigeria deposit insurance corruption (NDIC) and the various white papers issued in Egor Local Government , Nigeria year in year out, many people are initiated into different forms of these sharp practices.
