NKUDA Matthias O.
Department of Management
Faculty of Management Sciences,
University of Port Harcourt Choba, Port Harcourt, Rivers State
matthias.nkuda@uniport.edu.ng
AWAH Catherine I. A.
Department of Business Management
Faculty of Management Sciences
University of Calabar, Cross River State
catherineicheni@gmail.com
UKANDU Nnenna E.
Department of Business Management
Faculty of Management Sciences
University of Calabar, Cross River State
nnennaukandu@gmail.com
ABSTRACT
This study investigated the influence of corruption on Nigerian economy with Singaporean model as a moderator and strategic pathways. Qualitative design was adopted as it is a review or advocacy paper. Secondary data predominantly were used in the conduct of the study. The critical findings from the review of extant literature have shown that series of incidences of corruption characterise and pervade the Nigerian economy in its entirety. The menace of corruption has had attendant impact on both the index of Gross Domestic Product (GDP) and the performances of businesses which constitute the life-wire of the economy. It was concluded that corruption is caused by wrong value system fueled by personality defect and trust deficit of people who are engaged in organisations or institutions. Therefore, corruption can be curtailed when the superego in the personalities of individuals has upper hand over the in which drives people to engage in unethical and corrupt practices as moderated by ego. The study, on the strengths of its findings and conclusion, recommends that organisations and institutions should install sound value system into which individual employees in public and private establishments should key in to upgrade their values so as to allow them to be driven and guided by the superego of their personalities in their actions at all times so that Nigerian economy can breathe and become competitively buoyant.
Keywords: Corruption, economic viability, personality defect, Singaporean model, trust deficit