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ABSTRACT
The main thrust of this study was to examine the Corruption and Economic Development in Nigeria: A Case Study of President Buhari’s Anti-Corruption Policy (2015-2019). Four research hypotheses were formulated to guide and direct the study. Survey research design was adopted for the study. A total of 150 respondents were sampled and used for the study. A structured modified four point Likert style of questionnaire was administered to adult respondents resident in Benin City, Edo State on questions that provide information to “Corruption and Economic Development in Nigeria: President Buhari’s Anti-Corruption Policy”. Data collected in the study was presented and analyzed using chi-square model/contingency tables and percentages to facilitate objectivity and clarity. The result of the analysis revealed that: There is a relationship between anti-corruption policy and economic development in Nigeria; There is a relationship between the level of government transparency resulting from anti-corruption policy and economic development in Nigeria; There is a relationship between the instrumentality of President Buhari’s anti-corruption policy on public sector accountability and economic development in Nigeria; There is a relationship between anti-corruption policy on public officials responsiveness to financial credibility and economic development in Nigeria. The study recommended that: There should be good governance that will strengthen the effective use of public resources to encourage and increase investment, growth and development in Nigeria. The Buhari’s administration should practice transparent prosecution of corrupt individuals in politics to enhance accountability of elected officials in Nigeria. The study also recommended that in the fight against corruption, policy implementation should start with the treatment of the causes of corruption in Nigeria which is prevalence poverty in order to enhance economic development.
