Corruption and Sustainable Economic Opportunity in Nigeria
Corruption and Sustainable Economic Opportunity in Nigeria
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Date
2013-04
Authors
IDRIS, Musa ADAMU, Tijjani Aliyu
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Abstract
The fight against corruption and the creation of sustainable economic
opportunity have been issues of public concern in Nigeria. In spite of the
efforts made aimed at reducing the rate of corruption in Nigeria, the vice
is still rife in the country. On the other hand, basic infrastructure is fast
deteriorating, business opportunities remain low while the rural sector
remains neglected. The major objective of this study is to identify the
causes of corruption and its relationship with the state of sustainable
economic opportunity (SEO) in Nigeria within 2001 - 2010. The
research design is content analysis of data from Transparency
International for Corruption and the Mo Ibrahim Foundation for SEO.
These were presented in tables, averages and percentages using the
Spearman's Rank Correlation Coefficient to test the hypothesis. The
study discovered among others that there exist a perfect correlation
between corruption and SEO in Nigeria. The study recommended for
strengthening of accountability frameworks severe penalties and
enforcement of the same for corruption offences. Others include
improvement in basic infrastructure and development of the rural sector.