An Exploratory Treatise on Corruption in Nigeria

Prominent among the many challenges facing Nigeria is corruption. Corruption is the primus inter pares. It is growing at an alarming rate. It is estimated that, more than 40% of the crude oil revenue accruable to the country daily is lost to corruption. Unfortunately, the situation is even worse in the solid mineral sector. Arguably, there is no type of mineral resources in the World that cannot be found in Nigeria. All these are privately mined and stolen from the country, thereby depriving Nigeria of huge revenue that would have accrued to the Country. It is against the backdrop of this social and economic malevolent impasse that this article seeks to explore the fundamental reasons pervade corruption in Nigeria. The article further provides critical evaluation of the role of private and public actors in the sustenance of corruption. It traced the origin of corruption and attempted to adduce reasons why corruption is entrenched in Nigeria. The article proffers possible solutions for curbing the endemic malady bedeviling Nigeria.