Wednesday 9 November 2016

THE NIGERIAN ECONOMY OF CORRUPTION




The structure of Nigerian economy was designed on Lexus land of corruption, There are many factors that brought about economy of corruption into Nigeria. The country is already on brink of collapsing from the corruptible government officials. they award contract to their relative at huge amount, their relatives sub-contract the contract to acquittance so on and so forth.they also diversify some of the funds allocated for infrastructure and amenities for their personal use, they also fixed-deposit civil servant salary for period of time so that the interest on that money is going to their private coffers, that's you keep hearing that a particular state in Nigeria can't his workers salary for period of six to ten month after the money has been release by federal government. come to low rank civil servant in government parasital they the corner piece of corruption they hide under miscellaneous expenses and perfect all their financial mismanagement, even with concept of internal auditors all these act is practised. The emergence of Mohammed buhari as a Nigerian president brings the maximum level of corruption to minimal point and his about taming it to optimal stage. salary inequality promote corruption among civil servant if you are putting your mental ability into your day to day job and someone sitting in the office without stressing his brain and earning a big salary rather than the person that putting his energy through this someone can develop corrupt mind and start to siphon from the organization purse. corruption varies, even stealing office equipment and revealing confidential information to unknown person or outsiders is part corruption.













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