ISSN: 2222-6990
Open access
The study examined the effect of corruption in Nigeria Economy: A critical view. A cross survey research design was adopted and secondary data extracted from the World Bank, Transparency organization data. The statistical tool used was muti-regression analysis and t-test for the hypotheses testing and data analysis with the aid of SPSS version 20. The result of the study shows that corruption has significant impact on the economy of Nigeria, the study went further to recommend that, they should be awareness of the evil of corruption right from the home, that Government should also show example by trying their corrupt officials first and finally they should reintroduce firing squared for people found guilty of the crime.
Ayobolu, J. (2006). EFCC, Corruption and the Due process, Segun Toyin Dawodu, U.S.A.
Adewale, S. B. (2011). The Crowding –Out Effect of Corruption in Nigeria. An Empirical study Journal of Business Management &Economics.
Akindele, S. T. (2005). A Critical Analysis of Corruption and its Problems in Nigeria. Anthroplogist 7(1)7-18.
Darwish, S. (2016). The Understanding of Probability in the Iraqi Culture. International Journal of Mainstream Social Science: Vol. 5, Nos. 1-2, 11.
Egunjobi, T. A. (2013). An Econometric Analysis of the Impact of Corruption on Economic Growth in Nigeria. Journal of Business Management and Economics Vol 4(3.)
Fabayo, J. A., Posu, S. M. A., & Obisanya, A. A. (2011). Corruption and Investment Climate in Nigeria. Journal of Economic and Sustainable Development.
James, U. (2012). The Impact of Corruption on the Socio Economic Development of Nigeria. Crown Research in Education Vol 2 issue 3 pp143-152.
Lipset, L. (2000). Corruption, Culture and Market, In Culture Matters Lawrence, (New York Basic Books).
Ngouo, L. (2000). Responsibility and Transparency in Organization in Cameroon.
Nwankwo, O. (2014). Impact of Corruption on the Socio-Economic Growth of Nigeria, Mediterranean Journal of Social Sciences.
Osoba, S. (1996). Corruption in Nigeria. Historical Perspectives. Rev.Afr. Pol. Econ 23(69); 371-386.
Osunyikanmi, P. O. (2009). Development Implication of Nigeria’s Economic Crisis Journal of Development Perspective 2(1) 34-59
Ribadu, M. N. (2003). Economic Crime and corruption in Nigeria: the causes, Effect and Efforts aimed at combating these vices in Nigeria. Paper presented at the Monaco World summit 5th International Summit on Transnational crime Monte Carlo.
Sechs, G. (2007). Corruption Remains Nigeria’s Long term Challenge. The Daily Independent Newspapers Tuesday, 24 April 2007.
Tolu, L., & Ogunro, K. V. (2012). Combating Corruption in Nigeria. International Journal of Academic Research in Economics and Management Science 1(4)2226-3624.
Ubeku, A. K. (1991). The social and Economic Foundations of Corruption and Other Economic.
In-Text Citation: (Ogbonnaya, 2018)
To Cite this Article: Ogbonnaya, A. K. (2018). Effect of Corruption in Nigeria Economy: A Critical View. International Journal of Academic Research in Business and Social Sciences, 8(6), 127–135.
Copyright: © 2018 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode