Nigeria as a whole have many problems that disrupt the Political system and economic sectors in our Country. I will like to state some of Nigeria’s barriers. Corruption, Unemployment, Bad Infrastructures,University systems and Crimes. To mention But few.
How can we Nigerians abate this Woe?
Firstly; I’ll like to speak on the side of Corruption. Corruption is at the root of many of Nigeria’s problems in totality. Corruption takes many forms and infiltrates all political institutions and economic sectors. In 2014 Transparency international unveils that Nigeria is one of the most corrupts nations in the world. They rated Nigeria as the 38th most corrupt Country in the world. Res ipsa loquitor. The facts have spoken for its self with this afore stated briefing on level on corruption. Corruption not only limits itself to Political institutions But occurs in many companies during Recruitment. A situation whereby a graduate soliciting for job meets up with the prerequisites of the organization and pass the necessary interviews set up against him/her But ended up not employed because of
sentiment and not objectivity.
Corruption at the national level….We have three arms of Government in Nigeria. The Executive, legislative and the judicial…. The works of each and everyone of them is to checkmate what goes wrong at the down level and what also goes wrong at the Top level for transformation in the Country. Let me speak on the side of Gasoline.
It is true that Nigeria is blessed with crude oil (petroleum) but the question is on how correct is the volumes that are exported out of the country. For instance a head in one oil servicing company in the country may export about One thousand barrels of crude oil from the country and went back and gave a report to the government that he exported six hundred barrels. What happens to the remaining four hundred? The money goes into his personal account corruption in the highest order. Its is the duty of the Federal Government to scrutinize the kind of representative they choose….In my discipline, there is something we call “vicarious liability”.I.e the liability of the agents is to be bound on the able principal…. Why? Is because He was the one who appointed the agent to have acted On his behalf. To avoid Corruption in this country and to make Nigeria better as other developed Countries….We need a political restructure. Nigeria is our country, let’s together make Our nation great again.
Long live Nigeria!!!
Saliu Ismail Oluwatosin
Department of Banking and Finance
Kogi State University.
