Abstract
Corruption has been corrosively eating the fabrics of the Nigerian nation. Its persistence in the form of fraud, mismanagement, misappropriation, diversion of public funds, tax evasion, money laundering etc. has led Nigeria into unfortunate national and even international circle of criminal minded persons. This therefore has made the development of the country and its attendant benefits only a paper work or rather an illusion. This paper conceptualizes corruption beyond the point of public officers taking bribes and gratification, committing fraud, stealing public funds and assets to equally include, deliberate violation of standards for gainful ends which may be in cash or kind. It therefore, encompasses any decision, act or conduct that is considered pervasive to democratic norms and values. The method utilized by this work is incidence analysis and documentary research. The paper which is divided into five sections concluded that, only anti-corruption policies and programs anchored on ethical, balanced, independent, and self-sustained, people oriented can succeed in Nigeria and thereby ensure national economic development. The paper recommended among other things for a successful anti-corruption crusade in third world countries that, international agencies such as Paris Club, IMF, World Bank, UNO should review their policies and conditions to reflect war against corruption especially among third World leaders even while in office. That a mandatory involvement of all community based organizations be considered in annual budget formulation, monitoring and evaluation to avoids misappropriation and looting in the country.
Highlights
Corruption is a global phenomenon and its effect on individuals, institutions, countries and global development has made it an issue of universal concern
The position of the paper is that any anti corruption policy or programme that wants to build independent, balanced, self-sustained and people oriented national economy should be anchored on ethical issues
How can we hate corruption as a people and yet process the documents that make so much of it possible on a daily basis? Why do we claim believing in God as Muslims and Christians yet acted against HIS injunctions by modifying and destroying his divine arrangements and eternal will? Is the God we worship not too good to do anything evil and too wise do anything foolish?If yes why hatred, animosities and even the killings of fellow beings by fellow beings? Is our action not opposing the God‟s we say is perfect? Are we not guilty of moral corruption? Can‟t we see sense in the perfect designer who made us in one nation? Can we change the unmistakable arrangement? Curtailing corruption lies within answers to these questions
Summary
Corruption is a global phenomenon and its effect on individuals, institutions, countries and global development has made it an issue of universal concern. The concept has no universally accepted definition, yet, this has not debarred a collective condemnation of its practice (Ikubaje, 2004). With the adoption of new constitution on May 29th 1999, the civilian administration identified massive corruption in governance and business as one of the areas that required urgent attention. This necessitated the establishment of Independent Corrupt Practices and other Related Offences Commission (ICPC) and Economic and Financial Crimes Commission (EFCC) to combat the menace of corruption in Nigeria
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