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ABSTRACT
Several factors contribute to corruption in Nigeria, including the lack of ethical and moral standards, a deficiency in transparency and accountability, an inadequate reward system, the prevalence of a get-rich-quick mentality, unnecessary bureaucratic obstacles within officialdom, an ineffective tax system, and weak enforcement agencies. The study also underscored the detrimental effects of corruption, such as stunted economic growth, the misallocation of resources, and deteriorating infrastructure, which collectively create an unfavorable investment climate in Nigeria.
