corruption

• Corruption is the single greatest obstacle preventing Nigeria from achieving its enormous potential. It drains billions of dollars a year from the country’s economy, stymies development, and weakens the social contract between the government and its people.
• Corruption is rife across the country’s economic sectors: petroleum, trade, industrial, agricultural, infrastructure, power sector, banking, and environmental. Together, these forms of corruption erase billions of dollars from Nigeria’s bottom line
• In Nigeria’s security, defence and police sectors, corruption are destabilising and compounding security challenges in conflict hotspots like the Lake Chad Basin, the Middle Belt, and the Niger Delta.

  • Corruption in the judiciary and within anti corruption agencies undermines the country’s already anaemic accountability mechanisms, thereby fuelling corruption across the spectrum.