Rent Extraction and Corruption in The Nigerian Public

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 8, 553-556

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

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:bcp:journl:v:6:y:2022:i:8:p:553-556

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