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THE MANIFESTATIONS OF GRAND CORRUPTION IN NIGERIA’S FOURTH REPUBLIC AND ITS IMPLICATION ON NATIONAL DEVELOPMENT
ABSTRACT: The central aim of this paper is to highlight how grand corruption is manifested in Nigeria and its implication for national development. This is based on the premise that there has been tendency for literatures on corruption to propose solutions to combat corruption without considering the context and form which corruption takes place. It achieves its aim by first clarifying the concept of corruption and grand corruption. It also adopts the neo-patrimonial theory to explain how grand corruption are manifested in Nigeria. The study analyses secondary and empirical sources of data through qualitative methods. It argues that in spite of Nigeria’s transition to democracy, cases of grand corruption have been reported in the different governments. This has left devastating consequences in the country such as slow economic growth, mass poverty and unemployment, political and social instability, a recycled culture of corruption, diminished national prestige and loss of government legitimacy and national assets. It recommends a strong political will to fight corruption beyond propaganda and a radical sanitization of the political system in Nigeria.
KEYWORDS: manifestations, corruption, grand corruption, national development, fourth republic