Nigeria Is The Chronic Level Of Corruption

1566 Words Aug 9th, 2016 7 Pages
Nigeria is a country of promise that is hampered by a series of huge challenges. One of the most pervasive and destructive issues facing Nigeria is the chronic level of corruption. Africa’s most populous country with over 170 million people, modern Nigeria emerged from British colonialism gaining full independence in 1960. After many years of military rule, a 1999 constitution heralded a move to a civilian democratic government which has been in place ever since. (Africa:Nigeria, 2013)
Nigeria is a resource rich nation with extensive reserves of oil and in fact, is Africa’s largest producer of oil. British Petroleum ranks Nigeria 9th in terms of the world’s oil producing nations. ( Desperate, 2012) However, development of these oil reserves as well as other natural resources has been hindered by high levels of corruption, political turmoil and shortcomings in basic infrastructure such a roads and power generating capacity. (Africa:Nigeria, 2013) One estimate suggests that over $400 billion of Nigeria’s national oil revenues have been pilfered or inappropriately spent since 1960. (Desperate, 2012)
Corruption Defined
The level of corruption in Nigeria is high. Transparency International (TI) is an organization that annually examines countries around the world and assesses them in terms of corruption. TI defines corruption as “the abuse of entrusted power for private gain.” TI further states that corruption “hurts everyone who depends on the…
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