CORRUPTION AND UNDERDEVELOPMENT: (A CASE STUDY OF HALLIBURTON)
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
Background of the Study
A man can be born again; the springs of life can be cleansed instantly…if this is true of one, it can be true of any number. Thus, a nation can be born in a day if the ideals of the people can be changed [William Jennings Bryan]. Nigeria is one of the Countries in Africa that loses billions of dollars yearly because of corruption. She was ranked the second most corrupt country in the world in 2004 [Olu-Olu, 2008]. In 2005 and 2008, Nigeria was ranked 13th and 17th respectively out of 146 countries by Transparency International’s Corruption Perception Index [TICPI]. Although the 2007 ranking placed Nigeria as the 32nd most corrupt country out of 147 countries by TICPI, corruption still remains a serious problem in Nigeria [Shehu, 2006]. Corruption is a “multifaceted phenomenon with multiple causes and effects” [Andvig and fjeldstad, 2001: 1]. It is a trinity of illegal money, commercial and criminal activities [Baker, 2005; Guanardi, 2008]. According to section 8(1) of the Anti-Corruption Law of Nigeria (2004), it entails the act of asking for, receiving or obtaining any property or benefit of any kind for oneself or for any other person. It involves the abuse of public office for self-aggrandizement or private benefits [World Bank, 1997]. The term “corruption” covers a wide range of conduct patterns. It is a product of the socio-economic and political structure of any society. As a multi-faceted phenomenon, no single theory is equipped enough to explain its causation and/or control. Corruption is not a Nigerian Word. It is an English Word. While corruption is an English word necessarily laced with western ideas, the concept behind it is found in other cultures. Corruption is one of the dare devils that stares humanity in the face. It is also a global problem with certain destructive tendencies in the Third World Countries like Nigeria. But the rate of corruption in Nigeria is so alarming that one is constrained to ask: Is there anything peculiar to the nature of Nigerians that makes them to be corrupt? Achebe [1983: 35], quoting from the weekly star newspaper of May 15, 1983, wrote that the corrupt nature of the Nigerian society is such that, keeping an average Nigerian from being corrupt is like keeping a goat from eating yam. Corruption serves as a spring board to under-development in Nigeria. Most economic, political and social problems in underdeveloped societies like Nigeria emanate from corruption which manifest in many ways such as: lack of accountability, inadequate funding of programs, diversion of public resources to private ownership, different types of discriminations, ethnicity, lack of competence, inefficiency etc. The problem of corruption as a phenomenon is historically rooted in the country’s political economy. In the colonial period, it was attributed to colonialism.
Related Project Materials
PHYTOCHEMICAL AND SOME BIOLOGICAL STUDIES OF THE METHANOL EXTRACT OF THE AERIAL PARTS OF AMPELOCISSUS GRANTII(BAKER) PLANCH. (VITACEAE)
ABSTRACT
The plant Ampelocissus grantii is used in traditional medicinal practice in the treatment of cough, wounds, venereal infections...
DEVELOPMENT OF AN OPTIMAL EXTRACTED FEATURE CLASSIFICATION SCHEME IN VOICE RECOGNITION SYSTEM USING DYNAMIC CUCKOO SEARCH ALGORITHM
ABSTRACT
This research work is aimed at the development of an optimal extracted feature classification scheme in a voice recognition syst...
POLITICAL LEADERSHIP AND ECONOMIC DEVELOPMENT IN DEVELOPING COUNTRIES
ABSTRACT
At independence, the economies of Nigeria and India were dominated by primary production, main...
FACTORS AFFECTING EFFECTIVE SPOKEN ENGLISH AMONG SECONDARY SCHOOL STUDENTS
Background to the study
Speaking seems to be the most important skills of all...
PROTECTION OF THE RIGHTS OF INDIVIDUALS IN ARMED CONFLICT SITUATION
ABSTRACT
The fundamental target of both Islamic law of war and international Humanitarian law is to protect the Rights and Persons of bot...
SOCIOLOGICAL ANALYSIS OF MARRIAGE AND DIVORCE
ABSTRACT
The study revealed that there are a lot of issues that cause divorce or marit...
THE IMPACT OF OVERHEAD COSTS ON BUSINESS PROFITABILITY
ABSTRACT
THE IMPACT OF OVERHEAD COSTS ON BUSINESS PROFITABILITY
This research aims to examine the impact of overhead costs on b...
ATTITUDE OF STUDENTS TOWARDS THE STUDY OF SOCIAL STUDIES IN SECONDARY SCHOOLS
ABSTRACT
Attitudinal studies have been areas of explo...
INVESTIGATING THE BENEFITS OF EARLY CHILDHOOD DANCE PROGRAMS ON MOTOR SKILLS DEVELOPMENT
ABSTRACT: Investigating the benefits of early childhood dance progra...
REGENERATION AND REUSE OF SPENT ACTIVATED CARBONS
Statement of problem
The economic feasibility of processes using activated carbon for treatment of water and waste water is contingent up...
