POLITICAL CORRUPTION IN NIGERIA'S FOURTH REPUBLIC: AN EXAMINATION OF THE CAUSES, EFFECTS AND STRATEGIES AT PREVENTION
Abstract
This research work focuses on “Political Corruption in Nigeria's Fourth Republic: An Examination of the Causes, Effects and Strategies at Prevention”. The specific objective are; analyze the causes of political corruption in Nigeria’s Fourth Republic; assess the effects of political corruption on governance and socio-economic development and evaluate the effectiveness of anti-corruption measures and strategies in preventing corruption in Nigeria. This research work is anchored on two theoretical framework; principal-agent theory and Rent-Seeking Theory. The study utilized a survey design, source of data from both primary and secondary sources. Population/sample of the study and sampling procedures. The population were selected areas within Yenagoa, Bayelsa State. Three hundred (300) respondents were selected from the study area and sample for this study were one hundred and twenty (120) respondents. However, this study adopted both qualitative and quantitative and methods of data analysis. Qualitative methods uses words in analysing the data collected while quantitative uses numbers or mathematical tools as graph, statistics, pre-chart to analyse data collected. The following recommendations are proposed to effectively address political corruption in Nigeria’s Fourth Republic: snsure that anti-corruption agencies are granted full independence, adequate funding, and legal authority to operate without political interference; establish and enforce transparent processes in public procurement, budgeting, and reporting systems to reduce opportunities for corruption; review and update existing anti-corruption laws to close legal loopholes and provide stricter penalties for offenders; enforce internal party democracy and electoral reforms to reduce the influence of political patrons in candidate selection and governance, launch nationwide campaigns to educate citizens about the dangers of corruption and encourage active public participation in demanding accountability and fast-track the prosecution of corruption cases and ensure that no offender is above the law, regardless of status or affiliation
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