The Role of Information Communication Technology (ICT) in Combating Corrupt Business Activities in Nigeria

Abstract

This study examines the role of Information Communication Technology (ICT) in combating corrupt business activities in Nigeria. The main objective is to investigate how adoption of ICT helps in reducing the menace of corrupt practices in business activities in Nigeria. As part of the methodology, a sample of 200 respondents, representing 70 percent of the population (285) was used for analysis in the study. The analysis was conducted using Descriptive Statistics and chi-square to test the formulated hypotheses which reveal that ICT helps in reducing organizations spending & increased earning, identification of ghost workers and elimination of corrupt practices of following files and cheques, as well as enhancing marketing practice and tracking of financial fraudsters and other fraudulent banking services which significantly helped in achieving greater transparency, accountability and effective management and reduce opportunities for corruption. Some recommendations were made, among the major recommendations is the need for business organizations (public and private) in Nigeria to ensure adequate provision of ICT infrastructure such as access to computers and capacity to connect to the internet globally and the need to ensure massive involvement of local communities in the ICT derive in the country