IMPACT OF EFCC IN FIGHTING CORRUPTION IN NIGERIA

Abstract

The present situation in Nigeria is face with multiple issues of corrupt practices which threaten the survival of her states and economy. The viral nature of this phenomenon is such that combating it is consistently proving abortive. Although this menace is present in varying degrees in different countries at different times. Countries in the Global North and the Global South are scourged by it differently. Nigeria is not an exception to this. The phenomenon consequently brings about economic backwardness, political instability, social insecurity, infrastructural decay, unaccountability, negation of the principle of law, etc. Efforts towards curbing it in Nigeria have suffered various setbacks. However since the emergence of the Economic and Financial Crimes Commission (EFCC) to manage it, some reasonable achievements have been recorded. Based on the primary data this study examined the EFCC and the challenges of managing corruption in Nigeria. Bearing in mind that corruption as a complex phenomenon manifests in virtually every known social institution and has transitional as well as global web of connectivity, an integrative theoretical approach was used in this explanation. Findings reveal that the Commission is confronted with myriad of challenges which include: meddling in its activities by the power elites; unwholesome judicial process; weak anti-graft laws; job insecurity for its Chairperson etc.