Pages:
Author

Topic: Corruption in Nigeria as a Problem of Economic Growth and Development (Read 604 times)

jr. member
Activity: 95
Merit: 1
Axioma Holding - Axioma Pay Crypto Card
This is not just happening in Nigeria it's a common problem in all of third-world countries. If you visit the top list of corrupted countries then you will find some common things on all them is curruption what you have already mentioned and also those are Third world countries.
And I also think that the first and main obstacle to the development of a nation and country is the corruption of that country. Mainly when it spreads among the majority of the people of that country, it can be seen that the same behavior is found among the people in those countries where corruption is at the top. Not only do they blame the government and political leaders for corruption, but those people also lag behind in helping the government.
  Corruption today is not only among the elites or power holders, is even trending among ordinary individuals that have not gotten to any where in life.  These ordinary individuals have not hold any position but desperately wishing to steal public funds if given opportunity to hold a position.
   And the worst part of it is that, even when they were not opportune to hold any Post, they still struggle to exhibit their level of corruption within themselves and they call it names, like achievement, wiseness or opportunity which is not suppose to be so. Corruption is corruption irrespective of where it comes from or who does it.


What do you think?
Governments in countries with high levels of corruption are doing all sorts of things to reduce the rate of corruption, but failure after failure occurs, why? because corruption is carried out collectively so that one official will protect each other because that is also what happens in my country, and it will be difficult to change.
And in my opinion, the form of corruption that hurts people the most is nepotism because it closes people's opportunities to get better jobs because these positions have already been filled by people who have acquaintances even though they have inappropriate qualifications.
When you talk of reducing corruption, are you sure if really those leaders are sincere about their claims that they want to reduce corruption?
  Because most of our leaders have no good mind and intention. They are just saying what is not in their mind and that's not suppose to be so because is hypocritical. some of these leaders indeed want to make it better for their people but they lack wisdom to do it.  Some even have the wisdom but don't have good support from the cabinet.
hero member
Activity: 882
Merit: 792
Watch Bitcoin Documentary - https://t.ly/v0Nim
There is a corruption everywhere, even in rich West but the problem is that in poor countries, governments and influential people want all the money in their pocket and that's where they make a huge mistake. If government increases the quality of life of an average citizen, they'll automatically increase their own quality of life. How is that possible? When average citizen lives well, they are happy and more productive, also more ambitious. When they are more ambitious, happy and productive, they make a high quality product and service. People in the government will spend life better in such a country, even if they are corrupt, they only have to be slightly corrupt and let people breath the air.
member
Activity: 157
Merit: 8
Corruption could be said to be the problem affecting the economy and development growth in Nigeria, But it definitely isn’t the source of it.

Take some time out to revisit the past, The Country Nigeria started off as a business deal between the Royal-Niger Company and the British government, Considering this fact you’d realize that the nation Nigeria wasn’t birthed for the obvious reasons of nationalism and preservation of our people rather an ill trade masterminded by the British.

The so called Royal Niger company still exists today as Unilever most Nigerians are familiar with this company they make so many home items basically things we eat, Do you think the company that sold Nigeria didn’t have a sharing formula. Carry out your research’s to know and understand Nigeria.
sr. member
Activity: 1246
Merit: 262
Corruption become main problem of economic growth and development every country, I don't know well with OP country Nigeria but based on what happen in my country Indonesia make many pool get difficult their economic condition after almost politician get corruption. The problem how difficult to stop corruption on every country because suspend too easily and corruptor just under arrest for few years later but their assets keep secure without freeze by government.
Need to change punishment for corruptor all countries must freeze their assets and make them become very poor people, I think is more effective then take them under arrest for few years but take their assets and make corruptor as poor possibility never has any corruption cases in the future.
member
Activity: 364
Merit: 44
★Bitvest.io★ Play Plinko or Invest
Corruption is just one of the numerous factors that can hinder the economic growth of a nation.

Poor decision-making on the part of the leaders is for me, the main cause of the economic situation ravaging Nigeria and let me point it out that economy challenges is not just peculiar to Nigeria, it is a global issue, and Nigeria equally has its share of it

Truly agree that it's a global problem , the fact can't be disputed , but the nature in which each nation handle curruption determine if they are willing to do a away with curruption or welcome it as doterine.

 In the case of our nation nothing has shown that they want to fight curruption base on their policy and the nature of sanction given to victim of curruption such as Money laundry, human trafficking, even the worst so called nepotism which has leads us to where we are in government today where democracy has turn out to become kakistocracy.

This is strategic means of government to keep it's citizens hostage under their control, if not good policy can change the narrative of this curruption and bring it to stopped and this can only be where the voice of people count and the leader having the people at heart.
sr. member
Activity: 1274
Merit: 457
Almost all countries have such corruption, especially in developing countries. Corruption is the biggest obstacle to the development of a country.  Corruption hinders the development of the country and harms the country and its people.  The higher the level of corruption in the country, the higher the problem.  The entire system of developing countries is full of corruption.  Not only Nigeria, most countries in the world are under the grip of corruption.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
That’s the point I’ve been driving at all along. Nigeria has been painted go to be the worst of the worst but that’s not entirely the case here.
Something have to be made straight here, it’s not a comparison on Switzerland and Nigeria, no.

Then don't bring another country into a comparison. Simple! Stpp the whataboutism!


I had to go over the index you provided and it’s a good piece of material with detailed findings. Listing nations/territories in scores perceived as corrupt and less corrupted.
While the positioning of a nation might be just that, the scores highlighted the perception index of which, the research material as updated in 2022 in its index scores Nigeria 24 in respect to being perceived as corrupt while, Switzerland is well around 84 perceived as less corrupt (I’ll highlight again that this isn’t about comparison but, being a bone of contentment for a while, I just have to put it out). You could as well see some nations way below 10 for a score perceived as corrupted. I wouldn’t want to mention any country so we don’t get the idea of having a comparison but, you don’t find no one painting them like they are the worst people in the world.

Again you're missing the point!
It's perceived corruption! So the score is how the people in that country perceive their own country!
So the one labeling Nigeria as corrupt are...what  surprise ..Nigerians!

We’ve got corruption problems and it continues to root itself deep in the fabrics of the nation but, there are changes being done as well. No one is actually speaking about it but it’s coming.

/remind me 2124.
Let's have a bet, 50 years from now the corruption will be the same and people will keep blaming neocolonialism for it!

You talk about me not blaming the WEST and Europe for the underdevelopment of Nigeria, yea, you're right, it's been years since independence but let me make it clear to you that there's difference between Political independence and economical independence.  There's the political but in a cloak the economic independence is withheld and may of the African countries leader's that tries oppose that economic dependency automatically becomes an enemy of the WEST/Europe a clear example (which I expect you will refute) is Muammar Muhammad Abu Minyar al-Gaddafi of Libya. What happened when he took the decision to cut economic ties with the WEST and gave unprecedented development both human and infrastructural development to his people,  he was tagged a tyrant, a dictatorship, and how was his end?  Today what is the current situation/condition of living standard in Libya compared to when he Gddafi was in leadership position, one that refused to be a stooge to the West.

Oh yeah, cheap talk. The west , colonialism all that bs.

Why has South Korea managed to do it? How has Japan managed to do it? How the hell are the former colonies in South America all doing better than you? How are the older colonies of all the other world world doing better?

Oh, Gaddafi I love how the worse the piss of shit a dictator is the easier if for him to trick people into believing he's some genius.
AGAIN, NUMBERS NOT CHEAP TALK:

This is the GDP per capita of Lybia and Romania from 1990 till the death of Gaddafi:


So once the oil boom was done for his genius really comes into play:
Libya had in 90's a GDP per capita of $6000, Romania nearly poorest and most corrupt country to enter the EU in 2007 had $1600, 4 times lower.
In 2011 Romania outpaced Libya, with no oil and no gas, and no Shithammar Shitdictror al Shithole al-Gaddafi!
Want the comparison with South Korea, a western ...stooge?

But be my guest, have more of those geniuses a leaders, this has worked so great till now, it will for sure do wonders in the next millennia of blaming everyone else but the actual people in that country!

legendary
Activity: 3346
Merit: 1191
I think that the corruption problems that you mentioned are also problems in all countries. There are some that have not been mentioned, but even if we say that there are non-corrupt politicians, if there are more corrupt officials, it will be difficult for them to eliminate them.

It's hard to find an honest politician... in my opinion, 99% of politicians are corrupt. And yes, corruption is a huge global problem, in some countries it's more visible, in some less, but corruption is everywhere.

Then, the poverty that citizens in every country go through is also a cause of sex trafficking because of the difficulty of earning money. This is rampant worldwide, not only in ASEAN countries but also in the US and others.

Quote
Poverty is not an accident like slavery and apartheid. It is man-made and can be removed by the actions of human beings. Nelson Mandela

Without poverty then how the rulers would rule and keep the power in their hands? Who would listen to old farts?

Quote
Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world.
hero member
Activity: 1904
Merit: 541
I think that the corruption problems that you mentioned are also problems in all countries. There are some that have not been mentioned, but even if we say that there are non-corrupt politicians, if there are more corrupt officials, it will be difficult for them to eliminate them.

Then, the poverty that citizens in every country go through is also a cause of sex trafficking because of the difficulty of earning money. This is rampant worldwide, not only in ASEAN countries but also in the US and others.
jr. member
Activity: 70
Merit: 6
So far all the suggestions have failed and obviously, there will not be changes until, the Chinese communist system of administration is adopted.

A public or political leader must not acquire certain properties and nut not be richer than a certain net worth, with a stipulation of death penalty ( death by hanging). This will certainly stop the excessive looting and siphoning of public funds.

What do you think?
No one has said anything concerning this part of OP’s post, which I think is the point of the thread. So far, all I can see is fighting over which country has more corruption. I understand that this is a sensitive topic and many may find the topic offensive, in my opinion anyone who considers himself a patriot would be offended by it.

I don’t think OP is very knowledgeable about how society and government operate. A communist government is not a system that favours the average person. Communism is a system where everything is owned and controlled by the state. I find it ironic that a bitcoiner could be pro-communism.

The Marxian idea of the communist manifesto foresaw the emergence of a classless society. For Marx , a time will come when the lower class will take over the economy of the state and make it a classless state.

Communism is a state system where the resources of the state are used for the people by the people. The people in this context are the people of the middle and the lower class taking over the means of production and distribution of the state resources.

In states like China, North Korea and other places , corruption is at its lowest level due to the level of sanction given to corrupt individuals.

Communism is the best suggestion for Nigeria and not restructuring.
legendary
Activity: 2758
Merit: 1228
The problem with everything you mentioned, boils down to unqualified people getting into positions of power. The moment when "merit" and "qualification" and "experience" is ignored to favor the appointment of a friend or a family member with political connections... then everything spiral out of control and eventually collapse.

Those people usually misuse their power and are not capable to do their jobs... and poor decisions or decisions that are made to enrich themselves or their family or friends (tender corruption) ... will eventually destroy the country.

The people in power will protect that power with guns... so it is very difficult to stop them.

Also lacking of education is one of the root cause of this since if people will be educated plus they will be out of greed for money on election day then for sure they will not get convince to those leaders who buy their votes and write the eligible leaders on their ballots that can really help their country grow. But sadly corruption start with people since usually they want to receive some cash before they vote that's why corrupt leaders intended to get their money back spent and that's how things make complicated.

If people just became so smart to choose those people who have heart for their people for sure this corruption will be lessen and they should eliminate this classic politician since nothing will happen on their country if they keep vote that officials and get some seats on government.
legendary
Activity: 1064
Merit: 1101
How many African nations or Asian nations have most of those having this idea of Africa and Asians being impoverished visited? How long did you spend there to come up with these reducing claims? What parts of the nations was visited that a whole nation or continent well be related this way. No, it’s not so, that’s not the whole truth. Africans and Asians still live good lives and have got enjoyment of amenities as well. We still search for a means to make good amends for everyone but we understand it’s gradual.

We have problems and we would solve them!

Africans are good and very hardworking people but their political leaders are devils. They are sets of heatless people who don't care about the plight of the people. I can state categorically that the reason for the economic woes of Nigeria is not Western influence. Nigeria is not the only country that is been remotely controlled by the West but the country's condition is far worse than these nations. Let's assume that the West is stealing from Nigeria through diverse means, but the amount politicians steal from the country is enough to develop the nation.

A country that prides itself on being one of the top producers of oil and gas can't boast of good roads or a constant power supply. Yet politicians live in affluence, flaunting their wealth before the poor populace. The most painful part of the issue is that these poor citizens are deceived using religion, tribe, and political party affiliations. The citizens because of peanuts become tools by which these politicians use to oppress and impoverish the people. During elections, they vote based on tribal and religious lines regardless of the quality of the candidate. Africans still have hope of surmounting these problems but the first impediment to uproot should be bad leadership.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
The problem with everything you mentioned, boils down to unqualified people getting into positions of power. The moment when "merit" and "qualification" and "experience" is ignored to favor the appointment of a friend or a family member with political connections... then everything spiral out of control and eventually collapse.

Those people usually misuse their power and are not capable to do their jobs... and poor decisions or decisions that are made to enrich themselves or their family or friends (tender corruption) ... will eventually destroy the country.

The people in power will protect that power with guns... so it is very difficult to stop them.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
What do you think?
Governments in countries with high levels of corruption are doing all sorts of things to reduce the rate of corruption, but failure after failure occurs, why? because corruption is carried out collectively so that one official will protect each other because that is also what happens in my country, and it will be difficult to change.
And in my opinion, the form of corruption that hurts people the most is nepotism because it closes people's opportunities to get better jobs because these positions have already been filled by people who have acquaintances even though they have inappropriate qualifications.
hero member
Activity: 2744
Merit: 588
It's a widespread problem. Even in developed countries, there are still tons of corruption happening and people are just silent about it because they are reaping the benefits. Nigeria is a unique problem though, because corruption is very evident yet people are not really trying to do something about it. They vote the same people expecting for different results. So long as the citizens are not actively doing anything about it, they will always be a victim of the dire economic conditions in Nigeria.

Corruption won't go away, and it is always part of the society that we can't totally eradicate.
But the officials should not totally worry about their pockets, at least help their constituents to alleviate their economic status in life.
As corruption can't be avoided, what they can do is at least alleviate or improve the economic condition of their constituents
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
Well to be honest this is not happening in just one country like Nigeria but this is quiet common in most third world countries around the world. Here in my country, those forms of activities are familiar to me as it happens every single day in here. Unfortunately, regardless of nationality either Nigerians or other races with corruption happening on their respective countries it will surelly affect the economic growth and development of the said country.
Quite an obvious thing right?
I agree with third world country condition for years. What's sad about it is that it is becoming a normal thing with politics that there will always be corrupt officials which will make taxes a good cash cow for their own interests. Obviously it will negatively affect the economy of a country sinces funds is not being disseminated properly to the rightful sectors which supposedly ones who will use economy's money to create growth; establishments, infrastructures, and new systems which will be used by people in those countries wherein this phenomena is existing. The result? Third world countries are still on the same category for decades unlike with countries which have met economic growth and be one with the strongest and wealthiest. One single leader won't be able to make absolute changes; our help as citizens would be much needed as well as cooperation from all of us. Unending problem which yields to uneding struggle of people.  With corruption, who's the one to blame? the one who's doing it or people who voted for him/her?
legendary
Activity: 3542
Merit: 1352
It's a widespread problem. Even in developed countries, there are still tons of corruption happening and people are just silent about it because they are reaping the benefits. Nigeria is a unique problem though, because corruption is very evident yet people are not really trying to do something about it. They vote the same people expecting for different results. So long as the citizens are not actively doing anything about it, they will always be a victim of the dire economic conditions in Nigeria.
sr. member
Activity: 1736
Merit: 357
Peace be with you!
Well to be honest this is not happening in just one country like Nigeria but this is quiet common in most third world countries around the world. Here in my country, those forms of activities are familiar to me as it happens every single day in here. Unfortunately, regardless of nationality either Nigerians or other races with corruption happening on their respective countries it will surelly affect the economic growth and development of the said country.
sr. member
Activity: 616
Merit: 414


Rapid growth and development are two essential desires of societies within the third world countries. But corruption had become the only problem to those desires among underdeveloped countries.

Global rating shows African countries especially Nigeria as one of the top most corrupt countries among others including Zimbabwe. The peculiarity of the highest in corruption index is Zimbabwe dollars by all evidence.

In an attempt to be richest among successive governments in the country, currency changes were used to amass excessive wealth. Successive governments introduced higher denominations of currencies up to trillions which caused over 300% inflation rate and complete collapse of the economy. The country has abandoned their currency due to bloated production of the currency in excess, from the onset, in order to allow excessive looting, the monetary policy allowed an excessive inflow and outflow of cash without regular of circulation.

Corruption affects development through inflation, inflation in turn is determined by the greedy forces of production, supply . Those who owns the means of production and distribution monopolizes the price control system to get richer.

So as the low and middle classes struggle to meet the needs provided by the wealthy, they get poorer while , the rich get richer through the exploitative manipulation of the price system. This is one way the development of societies are affected because, only few could be able to get properties and develop themselves.

Corruption in Nigeria and other African countries , corruption runs in a structural pattern . The political class installs people in positions to get returns. In that way , the system is dominated by a clique of allies with one ideology to protect each other's source of wealth.

Corruption in countries are in different forms.

1. Sex for job
2. Buying of job opportunities
3. Nepotism
4. Favouritism
5. Money Laundering or siphoning
6. Bribery.

Among all the fifth item is the major cause of under elopement in Nigeria and other countries. Culture and tradition places a minor role to development in only rural communities where they resist certain development to preserve lands and other historical properties.

In the time past , several ideas have suggested solutions to the problem of underdevelopment in Nigeria. In 2014, the Nigerian Government suggested Restructuring political powers and administration.

So far all the suggestions have failed and obviously, there will not be changes until, the Chinese communist system of administration is adopted.

A public or political leader must not acquire certain properties and nut not be richer than a certain net worth, with a stipulation of death penalty ( death by hanging). This will certainly stop the excessive looting and siphoning of public funds.

What do you think?

OP, corruption has eaten very deep into Nigerians and their political class, when you talk about health penalty though is a good idea but have you taken your time to think about this, who are the people to make the law to be functional, the same people guess, if they are not going to acquired a certain stuff, how will they do the existing one, are they going to be ceased by the government in power and with what approach will this be successful, do you know that most of our senators through out their stay in the red chambers don't have any senatorial district project to show, so do you think they will allow such law to take place, even though the lower chamber allows it, the upper chamber will frustrate such good plan.

The solution to the problem of this country is a collective effort by both the government and the people, some action of the government and the politicians is been supported by the people that why is any financial crime is been committed the perpetrators are been allowed to go free without facing the law appropriately, Nigeria have a long way to go in terms of corruption.  
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
Ths is rather a global issue it's happens with most of the countries and not limited to just Nigeria and moreover if you try figuring out who is responsible it's the general public who vote the corrupt people to power just because they are from same race, ethnicity or religion rather than voting based on merits. I think this issue would resolve only when everyone takes a pledge to development their nation and work for public without corruption which is not possible to be honest. Only an honest leader can save the nations from corruption.
I agree with that. And the issue is not only limited to the government but also happens in a normal individual. It's just that Nigeria is only our topic here and maybe the corruption rate there is higher than the rest of the countries. Sometimes it was the fault of the voters but sometimes it can be the fault of the governments too. Apart from what you said there, there are also voters who vote a candidate because they are being given an incentive.

It can be money or groceries. It may seem unethical but I think there are also candidates who are doing their duties well and they still help the people in need, when they are already sitting on their positions.
Pages:
Jump to: