Socio-political and economic impacts of corruption in Nigeria

• Rasaq Omokeji Ganiyu

  Fountain University, Osogbo, Osun State, Nigeria

  Author

• Rasak Bamidele

  Fountain University, Osogbo, Osun State, Nigeria

  Author

• Felix Olalekan Taiwo

  Moshood Abiola Polytechnic, Abeokuta, Ogun State, Nigeria

  Author

Corruption is one of the oldest and most perplexing phenomenona in human society, political corruption exists in every country and it is not exclusively a problem of developing countries. Etymologically, the word corruption is derived from the Latin word “rumpere”, meaning to “break”. This connotes the breaking of normal or societal norms or practices. While the destructive nature of corruption is less contentious, the definition of what constitutes corruption tends to defile consensus among scholars and institutions. Corruption can be defined as the abuse of public office for private gain. Similarly, corruption can be defined as the abuse of public power for private gain. Corruption is behaviour which deviates from the formal duties of a public role (elective or appointive) because of private regarding (personal, close family, private clique) wealth or status gains; or violates rule against the exercising of certain private regarding influence. This study tends to examine socio-political and economic impacts of corruption in Nigeria.

1. Rasaq Omokeji Ganiyu, Fountain University, Osogbo, Osun State, Nigeria

   Department of Sociology and Psychology

2. Rasak Bamidele, Fountain University, Osogbo, Osun State, Nigeria

   Department of Sociology and Psychology

3. Felix Olalekan Taiwo, Moshood Abiola Polytechnic, Abeokuta, Ogun State, Nigeria

   Department of Business Administration and Management

• PDF

Copyright (c) 2014 Rasaq Omokeji Ganiyu, Rasak Bamidele, Felix Olalekan Taiwo

This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.

Copyrights for articles published in IJIER journals are retained by the authors, with first publication rights granted to the journal. The journal/publisher is not responsible for subsequent uses of the work. It is the author's responsibility to bring an infringement action if so desired by the author for more visit Copyright & License.