IMPACT OF ECONOMIC AND FINANCIAL CRIMES COMMISSION’s FIGHT AGAINST CORRUPTION ON THE POLITICAL AND ECONOMIC LIVES OF NIGERIANS

Abstract

This study assessed the impact of Economic and Financial Crimes Commission’s fight against corruption on the political and socio-economic lives of Nigerians. The problem that prompted this study is that though the anti-corruption agency was established, corruption has continued to be a problem to the general populace so it became necessary for the commission to fight corruption in the country. Among the objectives of the study is to ascertain the extent to which the Economic and Financial Crimes Commission has fought corruption in Nigeria. The methodology for data collection was a quantitative approach using secondary sources by reading academic journals, conference papers, seminars, workshop materials and internet resources; data was presented and analyzed through descriptive and expository techniques. Among the finding from this study is that many Nigerians believed that there was actually a need for establishing the Economic and Financial Crimes Commission due to what they had seen, read or heard of corruption in the Nigerian public service, the findings also showed that Fight against corruption involves many challenges because many people do not know the scope of responsibility conferred on the commission. Though there were different perceptions about the efficacy, trustfulness and reliability of the agency in the fight against corruption, the paper recommends that there should be synergy between the citizens and government to ensure that the anti-corruption campaign succeed in achieving the purpose for which the Economic and Financial Crimes Commission was created: to fight corruption.