and grand corruption, however, the reasons advanced here and in chapter six attempted to answer research question no 4. The lower status accorded to socio-economic rights in domestic legislations is reflected in the 1999 Nigeria Constitution where chapter II classify them as “Fundamental Objectives and Directive Principle of State Policy” rather than a “Fundamental Right”. However, as argued in chapter three of this thesis, the issues of enforceability of socio-economic rights in Nigeria may still
4/11/2013 MGMT 4670 Prof. Damkar Written Response #1 1. What systems make up the political economy? What is the relationship of these systems? Political economy is made up of political systems, economic systems and legal systems of a country. The political, economic, legal systems can have a profound impact on the level of the economic development in a country and hence the attractiveness of a country and its potential as a trading partner or host for a foreign direct investment. 2. There
Grand corruption ‘consists of acts committed at a high level of government that distort policies or the central functioning of the state, enabling leaders to benefit at the expense of the public good’. Grand corruption represents a very dangerous social phenomenon plaguing Nigeria since the colonial era, which legal and institutional efforts to combat it over the years have taken many forms. However, the persistence of grand corruption in Nigeria arguably infringes on the realisation of certain
Throughout the last 10 years, Nigeria and Kenya have been partly free. Corruption is the greatest indicator among both for the lack of democracy. In Nigeria, corruption stems from the problem with oil, it leads to political violence, repression and unchecked government power. In Kenya, corruption arises from economic interests, causing political instability and hindering development. In addition to that, both experience electoral corruption. Conversely, civil societies active participation in the
the President, was marked by widespread grand corruption’. Ogbeidi maintains that ‘government officials looted public funds with impunity. Federal Representative and Ministers flaunted their wealth with reckless abandon… Politically, the thinking of the First Republic Nigerian leadership class was based on politics for material gain; making money and living well’. The immediate civilian regime after independence did not last long. Grand corruption was pervasive with records of abuse of office
Kellogg Brown & Root in Nigeria Corruption Case The firm Halliburton acquired Dresser Industries in the year of 1998. Among Dresser’s businesses was M. W. Kellog, which was combined with an existing Halliburton business and renamed Kellog Brown and Root. By that time, Kellog was expecting to build a series of liquefied natural gas in Nigeria, but in order to do that it was required to win an initial contract form the Nigerian Government. At the beginning everything was going according to plans,
Political corruption is a significant problem in Africa. Many of the regions in Africa were seeking for independence from European nations that had caused for political views to differ. The ideas of leaders were not all similar which may have created a majority of these countries in Africa to express their feelings and form their own political parties. Besides wanting to be freed from European rule, the rise of political corruption could also be faulted to the African leaders of different regions
risk of Nigeria. In this regard we have identified their culture, people, economy, investment, opportunity, some key problems like Corruption, bureaucracy, piracy, Counterfeit, Criminal activities and fraud, legal safeguards etc. This paper also intends to show the regulatory framework issue, micro economic and macroeconomic issue to give a detailed picture of the Nigerian business Risk. But there are also upside risks especially to inflation, which could create challenges for Nigeria given emerging
CORRUPTION IN THE PUBLIC SECTOR AND SERVICE DELIVERY A Paper presentation at the ROUNDTABLE ON REVIEW OF GOVERNANCE INDEX AND SECURITY IN NIGERIA Held in THE NATIONAL DEFENCE COLLEGE, NIGERIA 22ND MAY, 2013 Protocol Introduction The Public Sector in Nigeria is charged with the responsibility of providing goods and services, otherwise referred to as “public goods” in economics, to the public vis-à-vis the mandate of the ruling government and its administrative system. It is
Thirteen elite participants were selected for the project. The thirteen selected Nigerians live in Lagos and Abuja, in Nigeria. The elite samples in this context do not represent high economic, social or political standing but rather, special people are chosen because of who they are and the positions they occupy and for particular reasons. 1.7 Structure of the Thesis This