It has been observed by scholars and commentators that corruption is a major challenge to social, political, and economic development in any country. The consequences of corruption are unfavorable for the progress of any society. Against this backdrop, this article examines the effects of corruption on the economic development of Nigeria. It discusses the sociocultural, political, and economic factors responsible for the endemic nature of corruption in Nigeria and concludes that the “top-to-bottom” corruption in Nigeria has negatively affected the country’s economic development. To change this situation, the leadership must genuinely commit to fighting corruption from the top down; corruption control mechanisms need to be strengthened, the offenders need to be punished, and the citizenry needs to be mobilized to demand transparency and accountability.

Globalization may have generated gains in some countries of the world; it is nevertheless associated with increased insolvency, inequalities, work insecurities, weak institutions, and corrosion of established values. Against this backdrop, the paper takes a cursory look at the global flow of capital and how it has impacted the Nigerian economy. It posit that the system of global governance is not consistent with the objective of the domestic economy given that globalization results in the weakening of state capacity through dominance of the transnational flow of capital and investment. Hence, the transnational network of production and services is orchestrated beyond the regulation of policies of domestic countries. Consequently this paper offers recommendations on how the Nigerian economy should develop in order to keep pace with globalization. These include developing local technology, promoting domestic industry and manufacture of goods for exports as well as managing domestic affairs free from extraneous foreign intrusion.

No abstract

No abstract

The study aimed to ascertain the reasons, nature and implication of voter abstention in Nigeria’s democratization process. The study posits that low voter turnout in Nigerian elections could be attributable to alienation and thus, sought to test the relationship between alienation and electoral participation focusing on the 2019 general elections. The study adopted the expo-facto research design. A sample of 1,200 respondents was chosen from the selected local government areas of the six zones using the stratified random sampling technique. The simple percentages and Pearson’s Correlation Coefficient statistical technique were used to test and determine the degree of association intrinsic to the stated hypotheses. The findings from the study showed that the failure of elected political officers to fulfil electoral promises, electoral fraud, and violence, are responsible for voter alienation in Nigeria. Therefore, the study suggested that elected political officials should ensure good governance based on meeting the needs of the citizenry; fraudulent practices during elections should be penalized with appropriate sanctions and the governments at all levels should put on modalities to mitigate the incidences of violence during elections.