CORRUPTION AND THREAT OF STATE FAILURE IN NIGERIA

Abstract

Institutionalized corruption constitutes the worst challenge to Nigeria’s socio-economic and political development since the attainment of independence in 1960. Nigeria with abundant human and material resources has the potential of becoming a modern state but corruption and insecurity have continued to act as barrier to her aspiration. The study aimed at examining the connection between corruption and state failure in Nigeria. This study which is theoretical in nature draws its argument basically from secondary data which include journal articles, textbooks and internet sources.Based on the existing threat of corruption and insecurity, the study concludes that Nigeria is drifting towards state failure. In the final analysis, the study recommends that there is the urgent need for institutional and ethical reorientations with emphasis on performance, transparency, accountability and civility in every sector of the economy.