Corruption and Bribery in the Nigerian Economy

79 Pages Posted: 26 Feb 2004

Abstract

Nigeria is going through a difficult political and economic transition after forty years of independence. Yet, Nigeria remains a society rich in cultural, linguistic, religious, ethnic and political diversity. Today, the average Nigerian struggles hard to make ends meet; sees himself or herself as being poorer than he or she was a decade ago; and finds it hard to be hopeful that things will get better soon. It is against this background that this project sets out to increase the knowledge about state capacity in Nigeria by taking stock of economic and governance issues. Using a simple growth model, we illustrate the interrelationships between natural resources, corruption and economic growth in Nigeria; as well as proposing anti-corruption policies for Nigeria.

Keywords: economic growth, neoclassical economic growth, natural resources, corruption, bribery, governance, Nigerian economy

JEL Classification: Q4, Q32, D73, H3, K00, Q1

Suggested Citation

Nwaobi, Godwin Chukwudum, Corruption and Bribery in the Nigerian Economy. Available at SSRN: https://ssrn.com/abstract=506342 or http://dx.doi.org/10.2139/ssrn.506342

Godwin Chukwudum Nwaobi (Contact Author)

VERITAS UNIVERSITY ABUJA ( email )

Quantitative Economic Research Bureau
ABA NORTH LGA
ABA, 7173
Nigeria
234-8035925021 (Phone)

HOME PAGE: http://www.quanterb.org