Skip to main content

CORRUPTION AND ECONOMIC CRIMES IN THE PUBLIC SECTOR OF NIGERIA

ATTENTION:

BEFORE YOU READ THE ABSTRACT OR CHAPTER ONE OF THE PROJECT TOPIC BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU!

 

INFORMATION:

YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COSTS N5,000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953, 08168759420

 

 

 

CORRUPTION AND ECONOMIC CRIMES IN THE PUBLIC SECTOR OF NIGERIA

2.1   DEFINITION OF CORRUPTION AND ECONOMIC CRIMES

 

According to section 2 of I.C.P.C Act (2000), corruption simply connotes impropriety and encompasses all forms of reprehensible, indecorous and infamous conduct in the performance of some official and non – officials responsibilities. This means any act, which go out of any normal societal behaviour.According to Nye, J.S. (1967), Corruption is a behavior, which deviates from the formal duties of a public role, because of private (gains) – regarding (personal, close family, private clique, pecuniary or status gains). It is behavior, which violates rules against the exercise of certain types of duties for private gains – regarding influence.Banfield (1961) says that corruption includes such behaviours as bribery (use of a reward to prevent the judgment of a person in a position of trust; nepotism (bestowal of patronage by reasons of ascriptive relationship rather than merit); and misappropriation (illegal appropriation of public resources for private uses.Corruption is the efforts to secure wealth or power through illegal means private gain at public expense; or a misuse of public power for private benefit. (Lipset and Lenz 2000).According to Gboyega (1965), “Corruption and Democratization in Nigeria”, Corruption involves the giving or taking of a bribe, or illegal acquisition of wealth using the resources of a public office, including the exercise of discretion”.According to section 46 of the Economic and Financial Crimes Commission defines economic crimes to means, “the non – violent criminal and illicit activity committed with the objective of earning wealth illegally either individually or in a group or organized manner thereby violating existing legislation governing economic activities of government and its administration and includes any form of fraud, narcotic drug trafficking, money laundering, embezzlement, bribery, looting and any form of corrupt practices, illegal arms deal, smuggling, human trafficking and child labour, illegal oil bunkering and illegal mining, tax evasion, foreign exchange malpractice including counterfeiting currency, theft of intellectual property and piracy, open market abuse, dumping of toxic and prohibited goods etc.

 

Okolie, A.O (2006) described economic crimes as the manifestation of a criminal act done either solely or in an organized manner with or without associates or groups with an intent to earn wealth through illegal means, carrying out of illicit activities which violate the laws of the land and other regulatory statutory provisions governing the economic activities of the government and administration.

 

2.2   HISTORY/TREND OF CORRUPTION AND ECONOMIC CRIMES IN NIGERIA

 

 

 

The origin of corruption in Nigeria predates our political independence. The evidence of this fact derives from the allusion to the following statements. For instance, “on February 26, 1952, the Emir of Gwandu moved the following motion in the Northern House of Chiefs: “That this House, agreeing that bribery and corruption are widely prevalent in all walks of life recommends that Native Authorities should make every effort to trace and punish offenders with strict impartiality and to educate public opinion against bribery and corruption” (Adebayo, A. (1986).Eleven years later, Ronald Wealth and Edgar Simpkins (1963) were able to observe that “in Africa, corruption flourishes as luxuriantly as the bush and the weeds which it so much resembles, taking the goodness from the soil and suffocating the growth of the plants which have been carefully and expensively bred and tended. The forces ranged against it are negligence”.The corruption now prevalent in Nigeria today has grown beyond imagination and to a degree, which boggles the mind. Corruption is a common word and has become part of everyday usage.

 

Since 1966, various dispensations (democratic or military) in Nigeria, at one time or the other, embraced one form of scheme, strategy or programme directed at curbing the menace or consequences of corruption.

 

2.3   TYPES OF ECONOMIC CRIMES

 

Economic crimes are indeed a serious threat to the public sector and therefore a threat to the nation since the public sector is the heart of the nation. The existence and prosperity of a nation can be held to ransom by the activities of economic crimes perpetration.Some forms of economic crime are advance fee fraud, fraud, money laundering and embezzlement of government funds; these are explained below.

 

2.3.1  ADVANCE FEE FRAUD

 

Advance fee fraud is a criminal offence defined and punishable under section 419 of the Nigeria criminal code. Statutory section 419 of the criminal code of Nigeria provides thus any person who by any false pretence and with the intent to defraud, obtain from any other person anything capable of being stolen is guilty of felony and is liable to 3 years imprisonment.The scam popularly known as “419” was initially subsumed under the category of criminal offences which have described as “obtained under false pretence” but now it under the EFCC Act. Syndicates as it is widely known outside our borders, initiate the scam with members in different parts of the world strategically located to implement their different tasks.

 

Though there are many variations, which are constantly been adapted to change some inherent elements of advance fee fraud in the public sector, and they are:

HOW TO GET THE FULL PROJECT WORK

 

PLEASE, print the following instructions and information if you will like to order/buy our complete written material(s).

 

HOW TO RECEIVE PROJECT MATERIAL(S)

After paying the appropriate amount (#5,000) into our bank Account below, send the following information to

08068231953 or 08168759420

 

(1)    Your project topics

(2)     Email Address

(3)     Payment Name

(4)    Teller Number

We will send your material(s) after we receive bank alert

 

BANK ACCOUNTS

Account Name: AMUTAH DANIEL CHUKWUDI

Account Number: 0046579864

Bank: GTBank.

 

OR

Account Name: AMUTAH DANIEL CHUKWUDI

Account Number: 2023350498

Bank: UBA.

 

 

 

FOR MORE INFORMATION, CALL:

08068231953 or 08168759420

 

 

AFFILIATE LINKS:

myeasyproject.com.ng

easyprojectmaterials.com

easyprojectmaterials.net.ng

easyprojectsmaterials.net.ng

easyprojectsmaterial.net.ng

easyprojectmaterial.net.ng

projectmaterials.com.ng

googleprojectsng.blogspot.com

myprojectsng.blogspot.com.ng

https://projectmaterialsng.blogspot.com.ng/

 https://foreasyprojectmaterials.blogspot.com.ng/

https://mypostumes.blogspot.com.ng/

https://myeasymaterials.blogspot.com.ng/

https://eazyprojectsmaterial.blogspot.com.ng/

https://easzprojectmaterial.blogspot.com.ng/

 


Comments

Popular posts from this blog

THE FACTORS RESPONSIBLE FOR PUPILS LATENESS TO SCHOOL IN PRIMARY SCHOOL

ATTENTION: BEFORE YOU READ THE PROJECT WORK, PLEASE READ THE INFORMATION BELOW. THANK YOU! TO GET THE FULL PROJECT FOR THE TOPIC BELOW PLEASE CALL: 08168759420, 08068231953 TO GET MORE PROJECT TOPICS IN YOUR DEPARTMENT, PLEASE VISIT: www.easyprojectmaterials.com www.easyprojectsolutions.com www.worldofnolimit.com THE FACTORS RESPONSIBLE FOR PUPILS LATENESS TO SCHOOL IN PRIMARY SCHOOL ABSTRACT This study was designed to find out those factors that are responsible for pupils lateness to school in Agabi primary school in Orhionmwon Local Government Area of Delta State. The incessant occurrence of chart and some time criminal behaviour not only by the audit population, but also the students of this country in recent times has since began to give cause of concern, particularly to parents, government and school administrators. Questionnaires from a sample of four

ADVERTISING AS A ‘’POWER TOOL’’ FOR BUSINESS GROWTH (A CASE STUDY OF NIGERIAN BOTTLING COMPANY PLC)

ATTENTION: BEFORE YOU READ THE PROJECT WORK, PLEASE READ THE INFORMATION BELOW. THANK YOU! TO GET THE FULL PROJECT FOR THE TOPIC BELOW PLEASE CALL: 08168759420, 08068231953 TO GET MORE PROJECT TOPICS IN YOUR DEPARTMENT, PLEASE VISIT: www.easyprojectmaterials.com www.easyprojectsolutions.com www.worldofnolimit.com ADVERTISING AS A ‘’POWER TOOL’’ FOR BUSINESS GROWTH (A CASE STUDY OF NIGERIAN BOTTLING COMPANY PLC) ABSTRACT The study was on Advertising as a Power Tool for Business Growth. Advertising refers to any form of non-personal presentation or promotion of ideas, goods and services by an identified sponsor. The raison d’ taire of advertising is to create awareness of a product and to further stimulate brand preference. Therefore, its role in the pursuant of a company’s profit making objective cannot be over emphasized. The study used the Nigerian Bottling Co

AFRICAN STANDBY FORCE: PROSPECTS FOR REGIONAL SECURITY

  ATTENTION: BEFORE YOU READ THE ABSTRACT OR CHAPTER ONE OF THE PROJECT TOPIC BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU!   INFORMATION: YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COSTS N5,000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953, 08168759420       AFRICAN STANDBY FORCE: PROSPECTS FOR REGIONAL SECURITY   TABLE OF CONTENTS CONTENTS                                                        PAGE(S) TITLE PAGE………………………………………………………………   i APPROVAL PAGE………………………………….……………………   ii DECLARATION…………………………………………………….……   iii DEDICATION……………………….……………………………………   iv ACKNOWLEDGEMENT………….………………………….…………   v TABLE OF CONTENTS………………………………………………… vi-ix LIST OF TABLES ……………………………………………………….   x LIST OF FIGURES ……………………………………………………… xi LIST OF ABBREVIATIONS…….……………………………………… xii-xiii ABSTRACT………………………………………………………………… xiv-xv   CHAPTER