Corruption And Sustainable Economic Development In Nigeira

1.3 Objective of the Study

The main focus of the study is to assess the nexus between corruption and sustainable development in Nigeria. The following are the specific objectives of the study:

- To examine if embezzlement of public treasury affect the provision of sustainable welfare for all citizens in Nigeria;

- To examine if mismanagement of public fund is responsible for the decay of infrastructural development in Nigeria; 

-To determine if corruption in the public offices has reduced poverty in Nigeria.

1.4 Research Questions:

1. Has embezzlement of public treasury hinder effort to provide suitable welfare for all citizens in Nigeria?

2. Could mismanagement of public fund been responsible for decayed infrastructure in Nigeria?

3. Is there a link between corruption in the public offices reduced and in Nigeria?

1.5 Significance of the Study:

The significance of this work upon completion will provide administrative strategies on how to manage the menace of corruption and provide a strong institutional solution toward the daring fight against corruption which will in turn engender economic development. Thus, this work will be significant to EFCC, legislative body, public offices, academic body and the students’ of political science and public administration in Nigerian University.

1.6 Limitation of the Study:

During this research work, the researcher encountered some challenges, one of which is time factor, I was hooked up with so many activities in school such as assignments, presentations etc, that I gave little time into carrying out a detailed research work which has always been my desire to do and coupled with the limited time given to submit the work, I had no choice than to maximize the little time I had, I was able to complete the work within the time frame stipulated for it. 

Due to the nature of our country where there is limited internet access, I encountered the problem of gathering enough fact through online journals, books and articles. To get an accurate information needed for the research, I had to buy internet bundle for the research work which requires money and getting this finance to facilitate the free flow of the this research work was the major impediment that I encountered during the course of this study.

However, I was able to combat these impediments with the help of my parents who worked assiduously in providing me with financial support to ensure the success of the work.

1.7 Research Hypotheses: 

To further guide the study, the following hypotheses were put forward for investigation:

1. Embezzlement of public treasury has hindered effort to provide suitable welfare for all citizens in Nigeria.

2.  Mismanagement of public fund been responsible for the decayed infrastructure in Nigeria?

3. There is a link between corruption in the public offices and poverty in Nigeria.

1.8 Operational Definitions: 

Political Corruption: political corruption is a form of dishonest or unethical conduct by a person entrusted with a position of authority, often to acquire personal benefit.  Political corruption may include many activities but in this study it emphasizes embezzlement of public treasury, mismanagement of public fund and bribery and corruption, although it may also involve practices that are legal in many countries. Government, or 'political', corruption occurs when an office-holder or other governmental employee acts in an official capacity for personal gain. Public sector corruption includes corruption of the political process and of government agencies such as the police as well as corruption in processes of allocating public funds for contracts, grants, and hiring. Recent research by the World Bank suggests that who makes policy decisions (elected officials or bureaucrats) can be critical in determining the level of corruption because of the incentives different policy-makers face.

Economic development: is the process by which a nation improves the economic, political, and social well-being of its people. The term has been used frequently by economists, politicians, and others in the 20th and 21st centuries. The concept, however, has been in existence in the West for centuries. Whereas economic development is a policy intervention endeavor with aims of economic and social well-being of people, economic growth is a phenomenon of market productivity and rise in GDP. However, in this study the empirical indicator to address sustainable economic development are the welfare of the citizens, infrastructural development, and poverty and unemployment.