Corruption in Nigeria as a Problem of Economic Growth and Development

[CryptopreneurBrainboss]

Corruption affects development through inflation, inflation in turn is determined by the greedy forces of production, supply . Those who owns the means of production and distribution monopolizes the price control system to get richer

Corruption has spoiled the country that has so much potential to be among the best nations in the world, at the stage of our corruption I don't think the country can ever be reclaimed. The corruption isn't just happening at the top but it's affecting the grassroots of the nation. From our small community, there's corruption practice so it's not a suprise to see corruption becoming the face of the nation.

What can be done to stop this, It seems the country needs another war that will separate us. A war will separate us and we live our life's separately like the Koreans. The country is too big for the type of brainless leaders that we're electing to govern us and there's nothing that can be done about that because our democracy is corrupt.  We can't trust the process to bring leaders into power and it has been taken over by corrupt leaders.

So far all the suggestions have failed and obviously, there will not be changes until, the Chinese communist system of administration is adopted.

Will it be followed appropriately, the corruption can still get to the judiciary system, the law makers are corrupt so they won't pass this into law. Everybody at the top is benefiting from this corruption so why will they leave the perfectly corrupt system that they're enjoying to pass this into law and let say it get passed, who are those responsible for this to takes full effect, it's still the corrupt leaders at the top so the country is in a complete mess.

[harapan]

Corruption..! This is a problem that is quite complicated and difficult to overcome. Even though it is an action that is very detrimental to the country and makes its people miserable, eradicating corruption in government is impossible, but if it is minimized, it can be done.

And acts of corruption can be a factor inhibiting a country's economic progress, this is true. because if a country has frequent cases of corruption due to the large number of irresponsible officials, then don't expect that the country's economy will be stable and the country's economy will progress. The country will continue to experience economic losses and setbacks. because they (government officials) who manage their country's economy are busy enriching themselves. Meanwhile, when a country wants to progress economically, it inevitably has to involve investors, but when the country has a bad image with many officials who commit corruption, then don't expect investors to enter the country. because for investors, corruption is a loss and something that is dangerous for investors.

  Corruption is naturally in every country,but it seems its not stopping anytime soon.The more improvement in the country,the more enrichment at the expense of the majority.

Corruption has been around for a very long time and will be around in the future unless governments can figure out effective ways to minimize it. This is not going to be easy. But I I'm looking forward to seeing its improvement or abstinence.
  The government will still fish out their own strategy to manipulate or mismanage the economical factors of the country.

[kentrolla]

Ths is rather a global issue it's happens with most of the countries and not limited to just Nigeria and moreover if you try figuring out who is responsible it's the general public who vote the corrupt people to power just because they are from same race, ethnicity or religion rather than voting based on merits. I think this issue would resolve only when everyone takes a pledge to development their nation and work for public without corruption which is not possible to be honest. Only an honest leader can save the nations from corruption.

[Smartvirus]

Believe me, I found it a bit uneasy having to read this as, it doesn’t define Nigeria politics by any means. Maybe the comparison don’t get to go but, your telling me Switzerland is any less corrupt than Nigerian?

Seriously!!! Are you drunk or what? Still partying from New Years Eve?  

Funny you would say that but the point is;
We’ve got corrupt people and governance everywhere and Switzerland is no exception on having to be arms open to all laundered money across nations and you don’t find no one being so loud about it like Nigerians do to even the little problems.
Try searching on any search engine out there about “corruption in Switzerland” and the first thing your most likely to see is how it’s banking system is the most corrupt in the world with regards to money laundering and still, you won’t have the Swiss people here lambasting the nation why, it adds to there development. There are others but, I wouldn’t want to dig into the dirts of other nations with my filthy hands still trying to solve mine.

It’s not obvious that of Nigeria takes a different turn in terms of there own corruption as it tends to reduce us but, I don’t agree that having several tribes or languages has been what causes the demise of Nigeria, no. It’s just a deep rooted ideology that has gained foothold in the hearts of its political system and has manifested even in its judicial system which is often about, get what you can while you occupy the office.

Blaming the WEST, nope, we don’t get to blame the WEST because, it’s we Africans that allow them to whirled as much power as they do but, I must agree that the quest for a change would continue to take a very long turn before it arrives. Maybe if we are able to fix our judiciary, a lot of changes would result in the nation.

We see the problem and one of it is, what we have to endure which we shouldn’t. When Nigerians gets to its breaking point, you would see them chanting for a change and they will. We know we are the solution and we would continue to persevere to make the nation better.

Can’t have someone that haven’t lived in Nigeria have to define its politics in its wholesomeness as rotten or it’s society to be impoverished. Just a statement that you use on any African or Asian nations and it just seems to fit but, is that really the truth?
How many African nations or Asian nations have most of those having this idea of Africa and Asians being impoverished visited? How long did you spend there to come up with these reducing claims? What parts of the nations was visited that a whole nation or continent well be related this way. No, it’s not so, that’s not the whole truth. Africans and Asians still live good lives and have got enjoyment of amenities as well. We still search for a means to make good amends for everyone but we understand it’s gradual.

We have problems and we would solve them!

[DrBeer]

Corruption is one of the biggest problems in ANY country's economy.

This is one side of the problem. The second, and the worst truth about corruption is that corruption is not caused by presidents, ministers, policemen, .... a.. IT'S US AND THE CORRUPTION NETWORK!
We ourselves give bribes, we ourselves ask for help to get a job "because we are relatives", we ourselves do not pay taxes and give bribes to avoid punishment.
As long as we do not accept this and do not start fighting corruption, starting with ourselves, we will suffer from this disease. We will suffer, complain about our fate and... tell everyone that corruption is evil, while continuing to create and support corruption with our actions.

Corruption is an evil that we can and must destroy in ourselves!

[CODE200]

Ths is rather a global issue it's happens with most of the countries and not limited to just Nigeria and moreover if you try figuring out who is responsible it's the general public who vote the corrupt people to power just because they are from same race, ethnicity or religion rather than voting based on merits. I think this issue would resolve only when everyone takes a pledge to development their nation and work for public without corruption which is not possible to be honest. Only an honest leader can save the nations from corruption.

I like to disagree on this because I believe in the goodness in the heart of people but this is the hurtful truth about corruption in many countries, you're probably make it easier for yourself to count which countries that aren't corrupted, totally agree that it's the people that's responsible in all this but the problem is that even if we blame them when there's no change, it won't matter. The only way that I believe a change can happen for a country and the people electing the deserving ones and removing the corrupt ones by force is probably if we start to care as an individual first, start caring about what happens to the society around you and try your best to make a little change, it will resonate towards other people eventually and always have your kids teach to question authority and to point out what's wrong and always help those in need, you're going to be raising a really good leader if you were successful at doing that.

[stompix]

Believe me, I found it a bit uneasy having to read this as, it doesn’t define Nigeria politics by any means. Maybe the comparison don’t get to go but, your telling me Switzerland is any less corrupt than Nigerian?

Seriously!!! Are you drunk or what? Still partying from New Years Eve?  

Funny you would say that but the point is;
We’ve got corrupt people and governance everywhere and Switzerland is no exception on having to be arms open to all laundered money across nations and you don’t find no one being so loud about it like Nigerians do to even the little problems.
~
Can’t have someone that haven’t lived in Nigeria have to define its politics in its wholesomeness as rotten or it’s society to be impoverished.

But we can have someone not living in Switzerland talking how Nigeria is better in corruption that Switzerland, see the how easy you're breaking your own rules?

Besides the whole comparison is simply stupid, I'm going to say it, stupid, you're comparing the banking industry in one country with the entire government in other, which makes no sense whatsoever, is a banker accepting to store money from a corrupt foreigner impacting on the life or well being of the citizens? No! It's government official taking bribes and canceling or allowing projects at random impacting the life, yeah, it is!
And it's not just me, it's your own citizen hat call it out, it's called perception index
https://en.wikipedia.org/wiki/Corruption_Perceptions_Index

7     Switzerland
vs
150    Nigeria   

But yeah, keep saying that you're no worse that other countries and keep doing what you've done till now, this will obviously solve things!

Some really mistake patriotism with being ignorant on the real issues of your country, trying to picture yourself as better than reality and not taking criticism is not making you a patriot, a patriot is a realistic guy who criticize what's wrong with his country and acts to fix it, the cheap proudness I found here is noting like that.

There are others but, I wouldn’t want to dig into the dirts of other nations with my filthy hands still trying to solve mine.

That's exactly what you have done!
All your post was trying to find dirt on another country you've probably never set foot in just to defend yours!

We have problems and we would solve them!

Acknowledge them first!

[Smartvirus]

But we can have someone not living in Switzerland talking how Nigeria is better in corruption that Switzerland, see the how easy you're breaking your own rules?

Besides the whole comparison is simply stupid, I'm going to say it, stupid, you're comparing the banking industry in one country with the entire government in other, which makes no sense whatsoever, is a banker accepting to store money from a corrupt foreigner impacting on the life or well being of the citizens? No! It's government official taking bribes and canceling or allowing projects at random impacting the life, yeah, it is!
And it's not just me, it's your own citizen hat call it out, it's called perception index
https://en.wikipedia.org/wiki/Corruption_Perceptions_Index

That’s the point I’ve been driving at all along. Nigeria has been painted go to be the worst of the worst but that’s not entirely the case here.
Something have to be made straight here, it’s not a comparison on Switzerland and Nigeria, no. That wouldn’t go and I don’t even know how that comparison kicked in and it’s something I wouldn’t want to go into. Comparing an entire governance with a sector of a nation, no not again I must say. It’s not a comparison. It’s simply, having to identify that there is corruption and corrupt practices just in about every nation and no one is being so loud about it, painting the nations to be the worst with every statement that comes off there lips.

Like stated in OP, there are forms to corruption and one of the itemized is in Money Laundering and Siphoning. It’s just about identifying this and not making any comparison what so ever so, let’s skip the Switzerland thing.

I had to go over the index you provided and it’s a good piece of material with detailed findings. Listing nations/territories in scores perceived as corrupt and less corrupted.
While the positioning of a nation might be just that, the scores highlighted the perception index of which, the research material as updated in 2022 in its index scores Nigeria 24 in respect to being perceived as corrupt while, Switzerland is well around 84 perceived as less corrupt (I’ll highlight again that this isn’t about comparison but, being a bone of contentment for a while, I just have to put it out). You could as well see some nations way below 10 for a score perceived as corrupted. I wouldn’t want to mention any country so we don’t get the idea of having a comparison but, you don’t find no one painting them like they are the worst people in the world.
Next thing would be on how Nigerians are corrupt and the generalization sets in. It ought not to be so:

There are others but, I wouldn’t want to dig into the dirts of other nations with my filthy hands still trying to solve mine.

That's exactly what you have done!
All your post was trying to find dirt on another country you've probably never set foot in just to defend yours!

Of course not stompix, am sure you understand that’s not the case here but, let’s disagree to agree for some forward here.

We have problems and we would solve them!

Acknowledge them first!

This is an idea that is deeply embedded in my ethics for a being. The first step to problem solving is knowing that, you’ve got a problem. If you don’t, then there would sure be no reason for worry or nothing to solve. That’s something well known to me.

We’ve got corruption problems and it continues to root itself deep in the fabrics of the nation but, there are changes being done as well. No one is actually speaking about it but it’s coming.
Like, a state in Nigeria which I wouldn’t want to mention; where we have an out going governor through corrupt practices puts a government in place and designs a structure for indirect rule of the state even as he serves as a federal minister, with hopes to have 25% of state allocations.
The incumbent government deemed it well to kick against the injustice that was to be done to its people and with the backing of his people and court, his being going about revolutionizing the whole state. Trying to ensure peace in the crisis that was to follow but still, no one would talk about that.

We see the problem and with the right person in office, we would solve the problem. Nigerians are good people I tell you.

[topbitcoin]

Corruption..! This is a problem that is quite complicated and difficult to overcome. Even though it is an action that is very detrimental to the country and makes its people miserable, eradicating corruption in government is impossible, but if it is minimized, it can be done.

And acts of corruption can be a factor inhibiting a country's economic progress, this is true. because if a country has frequent cases of corruption due to the large number of irresponsible officials, then don't expect that the country's economy will be stable and the country's economy will progress. The country will continue to experience economic losses and setbacks. because they (government officials) who manage their country's economy are busy enriching themselves. Meanwhile, when a country wants to progress economically, it inevitably has to involve investors, but when the country has a bad image with many officials who commit corruption, then don't expect investors to enter the country. because for investors, corruption is a loss and something that is dangerous for investors.

  Corruption is naturally in every country,but it seems its not stopping anytime soon.The more improvement in the country,the more enrichment at the expense of the majority.

Corruption has been around for a very long time and will be around in the future unless governments can figure out effective ways to minimize it. This is not going to be easy. But I I'm looking forward to seeing its improvement or abstinence.
  The government will still fish out their own strategy to manipulate or mismanage the economical factors of the country.

There are two things that can encourage someone to commit a criminal act of corruption, the first is internal drive, where this drive arises from within oneself, such as greed, a high lifestyle or when a person has an urgent need. Greed has driven a person to behave badly, because the most important thing for him is how he can get the maximum profit to continue to increase his wealth. Likewise, when someone has a high lifestyle and standard of living and is not used to having to live hard, because as we know, the basic salary of a government employee is not much, while when it comes to the programs and projects they run, the amount is very reasonable. . and if a person only relies on his basic earnings, then he will not be able to fulfill his excessively high lifestyle, so this will encourage a person to behave dirty by committing corruption crimes. And the last one is urgent need, when someone has an urgent need and it must be done immediately, then this can cause a person to be unable to think long and hard, until in the end, to answer his urgent need, he chooses to commit corruption.

And secondly, are external factors. This is a factor that arises out of the desires of the official, such as expensive political costs or campaign costs, so that when he becomes an official, he inevitably has to return the capital he previously spent. And furthermore, sometimes the encouragement arises from the supporting political party.

[letteredhub]

Read history , the oil wells and natural resources of the African nation's have been the very source  of the WEST and European nations so-called development you pride yourself with Feel free to do your own unbiased research and not what you have been enlightened with by your censored media concerning African nation's.

Read your damn history first, oil exploration in Nigeria began in 1957 you gained independence in 1960!
What have you done since then?
South Korea was a country destroyed by war, poorer than all of Europe at the time, no natural resources, a constant enemy north, and yet:
https://data.worldbank.org/indicator/NY.GDP.PCAP.KN?locations=KR-NG
But yeah, easier to blame stuff that happened a century ago than actually man up and change something.

Colonialism?
https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?end=2022&locations=NG-RO-BG-KZ-MY-TH-PE&start=1983
In the '90 you had a gdp per capita on par with eastern europe, what happened?
Common, make my day, explain how colonialism is to be blamed here:

in my whole post I recount mentioning that the problem with Nigeria is bad leadership and by bad leadership it means corrupt leadership as the problem to the development of Nigeria and not that Nigeria as a country is poor and miserable as the other poster emphasized in one of his paragraphs. It is not poverty that is the problem to the underdevelopment of Nigeria but it's rather a bad leadership issue.

Now, for the records I know my history quite well more than you think you do, for I am not a man who is oblivion of his own  history.

You talk about me not blaming the WEST and Europe for the underdevelopment of Nigeria, yea, you're right, it's been years since independence but let me make it clear to you that there's difference between Political independence and economical independence.  There's the political but in a cloak the economic independence is withheld and may of the African countries leader's that tries oppose that economic dependency automatically becomes an enemy of the WEST/Europe a clear example (which I expect you will refute) is Muammar Muhammad Abu Minyar al-Gaddafi of Libya. What happened when he took the decision to cut economic ties with the WEST and gave unprecedented development both human and infrastructural development to his people,  he was tagged a tyrant, a dictatorship, and how was his end?  Today what is the current situation/condition of living standard in Libya compared to when he Gddafi was in leadership position, one that refused to be a stooge to the West.

Neocolonialism is now the new order but no one is talking about it. Nigeria leaders are corrupt I don't dispute, but the question is who are those aiding this corruption and benefiting behind the curtain. No body is talking about that.

[Funke]

So far all the suggestions have failed and obviously, there will not be changes until, the Chinese communist system of administration is adopted.

A public or political leader must not acquire certain properties and nut not be richer than a certain net worth, with a stipulation of death penalty ( death by hanging). This will certainly stop the excessive looting and siphoning of public funds.

What do you think?

No one has said anything concerning this part of OP’s post, which I think is the point of the thread. So far, all I can see is fighting over which country has more corruption. I understand that this is a sensitive topic and many may find the topic offensive, in my opinion anyone who considers himself a patriot would be offended by it.

I don’t think OP is very knowledgeable about how society and government operate. A communist government is not a system that favours the average person. Communism is a system where everything is owned and controlled by the state. I find it ironic that a bitcoiner could be pro-communism.

Let us take our minds to the Karl Marx communist manifesto , he envisioned the overthrowing of the elite class in society.

[amishmanish]

--snip-- It’s not a comparison. It’s simply, having to identify that there is corruption and corrupt practices just in about every nation and no one is being so loud about it, painting the nations to be the worst with every statement that comes off there lips.

The western countries, especially the scandinavians have done a pretty good job of halting corrupt practices in their society. So again, generalizing it to every country is not right. Any discussion on corruption in a populous, poor country like, say, Nigeria or India has to acknowledge that the systems have been left to rot. We have failed to inculcate ethics in society because of the cut-throat race for survival and money.

Its stupid to try to defend the "honor" of the country when it comes to corruption. People are misled based on these statements and the politicians get away with it. You are just being a useful fool for those politicians if you equate the two things.

This is an idea that is deeply embedded in my ethics for a being. The first step to problem solving is knowing that, you’ve got a problem. If you don’t, then there would sure be no reason for worry or nothing to solve. That’s something well known to me.

We’ve got corruption problems and it continues to root itself deep in the fabrics of the nation but, there are changes being done as well. No one is actually speaking about it but it’s coming.
Like, a state in Nigeria which I wouldn’t want to mention; where we have an out going governor through corrupt practices puts a government in place and designs a structure for indirect rule of the state even as he serves as a federal minister, with hopes to have 25% of state allocations.
The incumbent government deemed it well to kick against the injustice that was to be done to its people and with the backing of his people and court, his being going about revolutionizing the whole state. Trying to ensure peace in the crisis that was to follow but still, no one would talk about that.

Acknowledging that Nigeria is corrupt doesn't mean that the people are bad/ evil. The people are just plain ignorant because of the level of their societies. The same was true for western societies for a very long time. Even today, you will find ignorant Americans who will talk about Flat earth, conspiracy theories and will be downright supremacist and racist. Those people are in every country. Yet, due to the level of leadership, social debate and human values, these societies have gradually reformed from within.

We have to be laser-focused that reform needs to come from within. And diverting the corruption topic by making it about how the people are not bad or how the country itself is being manipulated by Americans, is a sure shot way of being a useful fool in the hands of the very politicians who are the cause of social/ economic degradation.

You talk about me not blaming the WEST and Europe for the underdevelopment of Nigeria, yea, you're right, it's been years since independence but let me make it clear to you that there's difference between Political independence and economical independence.  There's the political but in a cloak the economic independence is withheld and may of the African countries leader's that tries oppose that economic dependency automatically becomes an enemy of the WEST/Europe a clear example (which I expect you will refute) is Muammar Muhammad Abu Minyar al-Gaddafi of Libya. What happened when he took the decision to cut economic ties with the WEST and gave unprecedented development both human and infrastructural development to his people,  he was tagged a tyrant, a dictatorship, and how was his end?  Today what is the current situation/condition of living standard in Libya compared to when he Gddafi was in leadership position, one that refused to be a stooge to the West.

Neocolonialism is now the new order but no one is talking about it. Nigeria leaders are corrupt I don't dispute, but the question is who are those aiding this corruption and benefiting behind the curtain. No body is talking about that.

Another educated person who thinks he has it all figured out because he uses big words like "Neo-colonialism". Are we going to talk about "Cultural appropriation" next??

Your theory goes that the developing world sucks because the West doesn't allow them to progress. You talked about Gaddafi. In Libya and the other Arab Spring countries, all that the west had to do is destabilize an already precarious peace between generally two warring parties. Do you care to ask that why the fuck are those people, who are Arabs on both sides, Muslims on both sides, speak almost the same languages; still can't reconcile their differences and give a "Fuck you" to the west??

It will always be in West's geopolitical interest to keep the Arab/ African lands destabilized and dependent. So they do it..Why the fuck can't those people figure out how to stop killing each other??

Take Sudan's example. The people are very much ethnically same but those from the North consider themselves Arabs and Muslims while they see the southerners as Ethnic Christians. Now that North-South separated after years of bloody conflict, each of them is again busy in fighting along their own ethnic, religious fault-lines. (Nuer vs Dinka in South Sudan. Army vs Revolutionaries in North Sudan)

What you guys in Africa and all of Arab world need to realize is that the West isn't the root cause. The root cause is the deep divisions within your own societies where you are willing to kill your fellow countryman if he happens to be from another ethnicity/ religion/ language/ ideology.

But yeah, "Death to Gamora" is so much easier of a rally call to keep all the sheep in line.

Nothing wrong with us. We are all awesome people. It's America doing all the destabilization!

[YOSHIE]

What do you think?

Generally, if we talk about corruption, negative things about economic growth in that country are indeed bad, things like that don't only happen to Nigeria and the people there, Countries that commit acts of corruption are quite bad, especially in terms of the economy and people's lives.

I see that currently there is no country that does not commit corruption, whether it is a country that has a high or low value currency, there are always cases of corruption, We can see that the world economy is currently deteriorating, but the government does not think to act professionally in eradicating corruption, instead they are ambitious.

I am sure that if corruption can be eradicated well, Nigeria will become the most prominent country in terms of economy and the Nigerian people can experience good enjoyment.

[Renampun]

...
In the time past , several ideas have suggested solutions to the problem of underdevelopment in Nigeria. In 2014, the Nigerian Government suggested Restructuring political powers and administration.

So far all the suggestions have failed and obviously, there will not be changes until, the Chinese communist system of administration is adopted.

A public or political leader must not acquire certain properties and nut not be richer than a certain net worth, with a stipulation of death penalty ( death by hanging). This will certainly stop the excessive looting and siphoning of public funds.

What do you think?

The death penalty for corrupt people is something that I really dream of happening in my country, but up to now the majority of parliament members and human rights activists have absolutely not allowed this to happen.
China is a good example of a country that has succeeded in reducing the level of corruption using their precise and very firm political policies. If China had not implemented the death penalty on its citizens who were corrupt, it would be impossible for China to become a country with a strong economy today. Nigeria is a developing country and there are still many vested interests in it, democracy seems to be failing in Nigeria.

[dezoel]

Ths is rather a global issue it's happens with most of the countries and not limited to just Nigeria and moreover if you try figuring out who is responsible it's the general public who vote the corrupt people to power just because they are from same race, ethnicity or religion rather than voting based on merits. I think this issue would resolve only when everyone takes a pledge to development their nation and work for public without corruption which is not possible to be honest. Only an honest leader can save the nations from corruption.

I agree with that. And the issue is not only limited to the government but also happens in a normal individual. It's just that Nigeria is only our topic here and maybe the corruption rate there is higher than the rest of the countries. Sometimes it was the fault of the voters but sometimes it can be the fault of the governments too. Apart from what you said there, there are also voters who vote a candidate because they are being given an incentive.

It can be money or groceries. It may seem unethical but I think there are also candidates who are doing their duties well and they still help the people in need, when they are already sitting on their positions.

[Promocodeudo]

Rapid growth and development are two essential desires of societies within the third world countries. But corruption had become the only problem to those desires among underdeveloped countries.

Global rating shows African countries especially Nigeria as one of the top most corrupt countries among others including Zimbabwe. The peculiarity of the highest in corruption index is Zimbabwe dollars by all evidence.

In an attempt to be richest among successive governments in the country, currency changes were used to amass excessive wealth. Successive governments introduced higher denominations of currencies up to trillions which caused over 300% inflation rate and complete collapse of the economy. The country has abandoned their currency due to bloated production of the currency in excess, from the onset, in order to allow excessive looting, the monetary policy allowed an excessive inflow and outflow of cash without regular of circulation.

Corruption affects development through inflation, inflation in turn is determined by the greedy forces of production, supply . Those who owns the means of production and distribution monopolizes the price control system to get richer.

So as the low and middle classes struggle to meet the needs provided by the wealthy, they get poorer while , the rich get richer through the exploitative manipulation of the price system. This is one way the development of societies are affected because, only few could be able to get properties and develop themselves.

Corruption in Nigeria and other African countries , corruption runs in a structural pattern . The political class installs people in positions to get returns. In that way , the system is dominated by a clique of allies with one ideology to protect each other's source of wealth.

Corruption in countries are in different forms.

1. Sex for job
2. Buying of job opportunities
3. Nepotism
4. Favouritism
5. Money Laundering or siphoning
6. Bribery.

Among all the fifth item is the major cause of under elopement in Nigeria and other countries. Culture and tradition places a minor role to development in only rural communities where they resist certain development to preserve lands and other historical properties.

In the time past , several ideas have suggested solutions to the problem of underdevelopment in Nigeria. In 2014, the Nigerian Government suggested Restructuring political powers and administration.

So far all the suggestions have failed and obviously, there will not be changes until, the Chinese communist system of administration is adopted.

A public or political leader must not acquire certain properties and nut not be richer than a certain net worth, with a stipulation of death penalty ( death by hanging). This will certainly stop the excessive looting and siphoning of public funds.

What do you think?

OP, corruption has eaten very deep into Nigerians and their political class, when you talk about health penalty though is a good idea but have you taken your time to think about this, who are the people to make the law to be functional, the same people guess, if they are not going to acquired a certain stuff, how will they do the existing one, are they going to be ceased by the government in power and with what approach will this be successful, do you know that most of our senators through out their stay in the red chambers don't have any senatorial district project to show, so do you think they will allow such law to take place, even though the lower chamber allows it, the upper chamber will frustrate such good plan.

The solution to the problem of this country is a collective effort by both the government and the people, some action of the government and the politicians is been supported by the people that why is any financial crime is been committed the perpetrators are been allowed to go free without facing the law appropriately, Nigeria have a long way to go in terms of corruption.  

[0t3p0t]

Well to be honest this is not happening in just one country like Nigeria but this is quiet common in most third world countries around the world. Here in my country, those forms of activities are familiar to me as it happens every single day in here. Unfortunately, regardless of nationality either Nigerians or other races with corruption happening on their respective countries it will surelly affect the economic growth and development of the said country.

[dothebeats]

It's a widespread problem. Even in developed countries, there are still tons of corruption happening and people are just silent about it because they are reaping the benefits. Nigeria is a unique problem though, because corruption is very evident yet people are not really trying to do something about it. They vote the same people expecting for different results. So long as the citizens are not actively doing anything about it, they will always be a victim of the dire economic conditions in Nigeria.

[Yatsan]

Well to be honest this is not happening in just one country like Nigeria but this is quiet common in most third world countries around the world. Here in my country, those forms of activities are familiar to me as it happens every single day in here. Unfortunately, regardless of nationality either Nigerians or other races with corruption happening on their respective countries it will surelly affect the economic growth and development of the said country.

Quite an obvious thing right?
I agree with third world country condition for years. What's sad about it is that it is becoming a normal thing with politics that there will always be corrupt officials which will make taxes a good cash cow for their own interests. Obviously it will negatively affect the economy of a country sinces funds is not being disseminated properly to the rightful sectors which supposedly ones who will use economy's money to create growth; establishments, infrastructures, and new systems which will be used by people in those countries wherein this phenomena is existing. The result? Third world countries are still on the same category for decades unlike with countries which have met economic growth and be one with the strongest and wealthiest. One single leader won't be able to make absolute changes; our help as citizens would be much needed as well as cooperation from all of us. Unending problem which yields to uneding struggle of people.  With corruption, who's the one to blame? the one who's doing it or people who voted for him/her?

[TimeTeller]

It's a widespread problem. Even in developed countries, there are still tons of corruption happening and people are just silent about it because they are reaping the benefits. Nigeria is a unique problem though, because corruption is very evident yet people are not really trying to do something about it. They vote the same people expecting for different results. So long as the citizens are not actively doing anything about it, they will always be a victim of the dire economic conditions in Nigeria.

Corruption won't go away, and it is always part of the society that we can't totally eradicate.
But the officials should not totally worry about their pockets, at least help their constituents to alleviate their economic status in life.
As corruption can't be avoided, what they can do is at least alleviate or improve the economic condition of their constituents