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Rent Extraction and Corruption in The Nigerian Public

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  • Olajire Aremu Odunlade

    (Department of Accounting, Babcock University, Ilisan-Remo Ogun State, Nigeria)

  • Folajimi Festus Adegbie

    (Department of Accounting, Babcock University, Ilisan-Remo Ogun State, Nigeria)

  • Oluwatoyosi Tolulope Olurin

    (Department of Accounting, Babcock University, Ilisan-Remo Ogun State, Nigeria)

Abstract

This study examined Rent Extraction and Corruption in the Nigerian Public sector. The research designed adopted was ex-post and descriptive survey. Questionnaire was administered to a sample size of 305 respondents with knowledge of underhand payment in the public sector in Nigeria. The study made use of both primary and secondary data. Primary data were collected through the use of questionnaire while the secondary data were obtained from government publications and the World Bank. Validity and Reliability of the secondary data were based on the reports of external auditors and other regulatory agencies. A Cronbach alpha of 0.823 was obtained for the validity and reliability of the questionnaire used to collect the primary data. The data were analyzed using descriptive and inferential statistical methods. The results obtained showed that there is a statistical significant relationship between and Rent Extraction and Corruption in the Nigerian Public Sector (t = 0. 3.855, p

Suggested Citation

  • Olajire Aremu Odunlade & Folajimi Festus Adegbie & Oluwatoyosi Tolulope Olurin, 2022. "Rent Extraction and Corruption in The Nigerian Public," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 6(8), pages 553-556, August.
    • Handle: RePEc:bcp:journl:v:6:y:2022:i:8:p:553-556
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    References listed on IDEAS

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    4. Hillman, Arye L., 2004. "Corruption and public finance: an IMF perspective," European Journal of Political Economy, Elsevier, vol. 20(4), pages 1067-1077, November.
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