Corruption As A Major Challenge Of Human Capital Development In Nigeria
Journal Title: International Journal Of Management And Economics Invention - Year 2016, Vol 2, Issue 6
Abstract
The study focused on corruption as a major challenge in the attainment of human capital development in Nigeria. The study basically used descriptive approach. Data used for the study were secondary data generated from National Bureau of Statistics (NBS) Statistical Bulletin (various issues), World Bank Development Reports (various issues), Transparency International Reports (various issues), CBN Annual Report and Statement of Account (various issues) and other relevant materials. The data covered a period of 20 years ranging from 1995 to 2014. Findings of the study revealed that corruption is a major challenge of human capital development in Nigeria. Corruption retards human development and consequently leads to unrealistic attainment of national goals. The study concluded that corruption is a cancer worm hindering effective human capital development and unless the scourge is tackled, the country will remain undeveloped. We therefore recommended that it should be the policy goal of Nigerian government to support the fight with appropriate legislation for eradication of corruption. There is need for training and development of office holders for effective and efficient implementation of government policies and decisions. Ethical thinking should be developed through education of the masses. Ethical training and education are required at all levels and should be integrated into the curriculum in both public and private schools. The use of moral suasion, as well as intensifying the activities of government agencies was also recommended. Nigeria must put in place the right conditions and encourage the right culture that stimulates good moral conduct from all.
Authors and Affiliations
Dr. Obianuju Mary Chiekezie
Open and Distance Learning Assessments Value Chain Challenges: An Explorative Study of BOCODOL School of Business and Management Studies
This empirical study has explored the role and importance of quality assurance through the open and distance assessments value chain systems. A value chain framework is an approach for breaking down the sequence (chain)...
CEO Pay and Company Performance in the Food and Tobacco Industry
Chief executive officers for companies in competitive industries are motivated to maximize shareholder wealth and not shirk job responsibility since lack of effort could result in firm bankruptcy or a takeover from a com...
The Moderating Effect of Situational Factors and the Key Factors Influencing Mobile Banking Adoption
Technology is playing a great role in today’s daily activities, making the life easier and human transactions faster. Business entities widely utilized the technologies for service delivery, efficiency, customer satisfac...
Strategies For Winning Customer In A Competitive Market Environment” (A Case Study Of Mtn Nigeria Ltd)
There is hardly any business organisation to successfully serve a particular market without experiencing any form of competition in the market environment. Every firm must strive to develop effective and appropriate mark...
Effect of knowledge-based entrepreneurship on sustainable development in emerging economies
The study investigated the relationship between knowledge-based entrepreneurship and economic development in emerging economies Brazil and Malaysia covering 25 years (1989 – 2013). The study employed cointegration techni...