Abstract
Background: The effectiveness of Anti-Corruption Agencies (ACAs) depends on adequate funding. Literature has shown that successful ACAs all over the world are well funded, as well as enjoyed political will of their home governments. Aim: The article examined the funding of the Nigerian anti-corruption agencies in relation to anti-corruption agencies in Hong Kong and Singapore. Settings: The article is structured into eight sections namely the introduction, methodology, conceptual clarification, theoretical framework, funding patterns of anti-corruption agencies in Nigeria, Singapore’s and Hong Kong agencies’ effectiveness in combating corruption, lessons from Singapore and Hong Kong as a basis for effective anti-corruption fighting in Nigeria and conclusion. Methods: The article adopted the qualitative and quantitative methods. Data were collected from the primary and secondary sources. Two in-depth interview (IDI) sessions were held with officials of the agencies while documental analysis complemented the primary data in the study. Result: The study found that Nigeria’s anti-corruption agencies are not adequately funded; and recommends that a significant percentage of the national budget should be earmarked for the ACAs. And, the successive should show the political will and commitment to fund ACAs. Conclusion: It is an actuality that funding of the two ACAs in Nigeria has not been backed by a strong political will. However, the potentiality of the ACAs is still in its infancy. So far their performance has been insignificant and ineffective in combating corruption in Nigeria.
Highlights
The detrimental effects of corruption on the economy of many countries in the past two decades could be seen in the global developmental landscape, and the rush to establish anti-corruption agencies (ACAs) had become a top policy priority around the world
It is important to note that, based on available statistics in most countries affected by endemic corruption, which led to the establishments of ACAs, corruption had remained endemic on a sustainable level
It is an actuality that the funding of the two ACAs in Nigeria has not been backed with a strong political will
Summary
The detrimental effects of corruption on the economy of many countries in the past two decades could be seen in the global developmental landscape, and the rush to establish anti-corruption agencies (ACAs) had become a top policy priority around the world. This is based on the fact that governments see fighting corruption as a major policy for preventing their states from collapsing. In literature on anti-corruption, one of the identified factors that hindered some ACAs from fighting corruption effectively is underfunding. Literature has shown that successful ACAs all over the world are well funded, as well as enjoyed political will of their home governments
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
