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Impact Of Corruption On The Socio-economic Development
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CHAPTER ONE
INTRODUCTION
One of the major crises confronting the
world today and has greatly undermined or perverted the actualization of
the projects of development, democracy, human right and so on, is the
burning issue of corruption. In many countries, the phenomenon of
corruption has assumed an unprecedented front burner in National
discourse in terms of its study, discussion, analysis, explanation,
impact and so on. Incontrovertibly, corruption has gained recognition as
a multidimensional (economic, political, social, bureaucratic etc),
all-encompassing phenomenon with multiple manifestation and
consequences
(insecurity, abuse of human rights, ethnic conflicts, capital flight,
poverty and enormous wealth inequality etc) upon the entire humanity.
Generally,
corruption is seen as a pestering sour of epic proportion that has
deeply weakened the socio-economic and political fabric of the society.
The
fact remains that, it has been identified as an evil that needs
elimination. To this end, a lot of attention has been drawn and efforts
made by various experts, public administrators, political scientists,
groups, organizations and institutions, as well as international bodies
to properly diagnose and understand it, in order to achieve the
objective of curtailing, even eliminating or preventing the evil. Thus,
the most intractable and troubling dimension of corruption is seeming
indefatigably, resilience or rapid speed.
If corruption is global
phenomenon, then in Ikot Ekpene local government area, it could be said
that the vice marks a new epoch in its incidence as well as impact which
more than elsewhere has proven to be more damaging, deleterious and
completely obstructive of the development process. The point is made
that the development process in Ikot Ekpene local Government Area has in
the past and still continue to be undermined by corrupt practices to
such an extent that the very existence and future viability of ikot
Ekpene local government area are at risk.
In fact, there is no gain
saying the fact that the multifaceted crises (cultism, insecurity,
nepotism unemployment etc) in Ikot Ekpene local government is the
logical result of the deeper crisis of ethical validation perpetrated in
corrupt practices.
The issue of corruption has been over-flogged by
scholars, academias and the general populace and has at various
occasion recommended solution to curb the menace. The fact is that the
solution on how to curb corruption is not too difficult to figure. The
problem lies on the lack of audacious attempt by leaders to curb
corruption. All over the country, seminars and symposiums are being held
in order to “figure out a solution to curb corruption “. However, the
actual fact is that they (the political elites at all helm of affairs of
governance) know the actual problem bedeviling the country. With the
emergence of a new government in the year 2015, many Nigerians were
having great faith that corruption in the country will be minimized. In
that year, power left the hands of People's Democratic Party (PDP) to
All Progressive Congress (APC). One of the campaign promises made by the
present President Muhammadu Buhari was the “ massive eradication of
corruption in the countryâ€. Irrespective of the campaign promises,
Nigeria ranked low in transparency and high in corruption in that year.
In the year 2015, out of the 168 countries surveyed, Nigeria was seen at
the bottom of the table in the category of number 136 (Transparency
Intentional 2015). This implies that Nigeria was the 32nd most corrupt
country in the world in 2015.
In the midst of all the strands of
corruption, it can be said that the political corruption predominates.
This area of issue constitute the potential issue of study. Thus is
because those at all helm of the affairs of government, the political
elites accounts for the sharing and allocation of values in the society.
This misallocation of values and resources seem to be at the heart of
citizen's socio-economic problems upon which multidimensional social
vices Ikot Ekpene local government passes through, such as the recent
cultism clashes that resulted to killings and street to Street arm
rubbery.
Most times, it is inevitable to ask if any anybody can be
exonerated from corrupt Practices. In every strata of the society and in
every sector of the economy, corruption exists. Hence, the key lies on
the need for audacious efforts to be taken in order to solve the problem
of corruption once and for all.
Transparency International (TI)
describes Nigeria as one of the most corrupt countries in the
world(Transparency International 2015). This is owing to the fact that
despite the great economic potential of the country and her rich human
and natural resources, the dividend of this is being enjoyed by a
privileged few (corrupt elites) and the result of this is socio-economic
underdevelopment.
It is on this note that the researcher focuses to
examine the impact of corruption as it affects the socio-economic
development of Ikot Ekpene local government area of Akwa Ibom state,
Nigeria.
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ABSRACT - [ Total Page(s): 1 ]The study examined the Impact of Corruption on the Socio-economic Development in Akwa Ibom State, with specific attention on Ikot Ekpene local Government Area. To achieve the stated objective, the study adopted a descriptive and survey design method and thus, data were collected from both the primary and secondary source. The hypotheses of the study were subjected to statistical test using the chi – square tool and analyzed within the limit of available literature. Findings revealed and a ... Continue reading---
