Effect of Corruption on Economic Development in Nigeria
Abstract
Corruption, the evil of our time in Nigeria has increased in both quality and intensity with its devastating effects on human development. The endemic nature of corruption in Nigerian society constitutes one of the greatest threats in the living standards of citizenry. Thousands and millions of Nigerians are uneducated, unemployed and living in abject poverty due to the mismanagement of the national wealth and embezzlement of public funds. It is within this trend that this paper will examine the causes, effects and explores strategic measures in the management of this social problem in Nigeria. This paper recommends that the menace of corruption can be tackled in Nigeria through adoption and implementation of more stringent measures.
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