Information Technology and Public Sector Fraud in Nigeria

Olajire Aremu Odunlade, Folajimi Festus Adegbie and Oluwatoyosi Tolulope Olurin
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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

International Journal of Research and Innovation in Social Science, 2022, vol. 6, issue 10, 01-04

Abstract: Information technology has transformed significantly financial transactions across the globe. This coupled with globalization has made it easy to transfer money to any account in different parts of the world. The study focused on Information Technology and Fraud in the public sector in Nigeria. The study adopted survey design research method for the purpose of achieving its objective. A sample size of 420 respondents was purposively selected from both the private and public sectors in Nigeria. The study made use of primary data collected through the use of questionnaire. A Cronbach alpha of 0.834 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 Information technology had a significant effect on Fraud in the public sector in Nigeria. PUBFRAUD (F1,304) = 105.720. The P-value associated with the F-value as shown in the significant column is 0.000, this is less than 0.05 indicating that there was a significant relationship between the Information technology and Public Sector Fraud in Nigeria. Adj R2 = 0.256.The Coefficient of the independent variable β = 0.574, shows that information technology had a positive and significant effect on Public Sector Fraud. PUBFRAUD (t(10.282) = 000, p

Date: 2022
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