AN ASSESSMENT OF THE VIABILITY OF ECONOMIC AND FINANCIAL CRIMES COMMISSION (EFCC) IN COMBINING CORRUPTION IN NIGERIA: IMPLICATIONS FOR IMPROVEMENT
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AN
ASSESSMENT OF THE VIABILITY OF ECONOMIC AND FINANCIAL CRIMES COMMISSION (EFCC)
IN COMBINING CORRUPTION IN NIGERIA: IMPLICATIONS FOR IMPROVEMENT
ABSTRACT
Despite the
pervasive corruption in Nigeria, which led to the underdevelopment of its
institutions and economy. There still some impediments on its effective
administration and tackling of these menace. Which the economic and financial
crimes commission (EFCC) is established to tackle it. The research work attempt
to examine the viability of economic and financial crimes commission in
combating corruption in Nigeria and implications for improvement as its scope,
the research work was prompted by some major problems affecting economic and
financial crimes commission in Nigeria such as poor administration corruption,
political interference, etc, the objective is to evaluate the viability of
economic and financial crimes commission on the elimination of corruption in
Nigeria, identify significant measures taken by the economic and financial
crimes commission in combating corruption in Nigeria and implication for
improvement. The study employed the survey method and data was obtained from
primary source using questions, the analyses were based on simple percentages
and the hypothesis were analyzed using chi-square, the findings revealed that
the activities of economic and financial crimes commission (EFCC) have
significantly reduce the rate of corruption in Nigeria. The study concluded
that corruption will be reduced if economic and financial crimes commission is
made effectively and efficiently in its activities. The study recommended that
the economic and financial crimes commission from the executive, promptly
prosecution of perpetrator of corrupt practices, adequate finding, independence
of the judiciary should be available in addressing the issue of corruption in
Nigeria.
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