
The truth of the matter is that there is indeed a lot of corruption in Nigeria. Admittedly, there is corruption in other countries also. But the fact is that the corruption in Nigeria as in relatively fewer counties worldwide — mostly developing or underdeveloped countries — has become so endemic and pervasive, such that it has become the rule rather than the exception.
Financial and economic corruption especially, has also “come home to stay and to roost” in Nigeria, and in many if not most other developing or underdeveloped countries in general.
I have nothing to gain but rather a lot to lose, by berating my own beloved country. But the truth should be told! Granted there is corruption in other countries too, including developed or advanced countries of the world, even in a very developed and very advanced country like the world’s current sole superpower, the United States of America. But the financial corruption especially, in developed countries, including America, is relatively minimal, and also largely controlled through effective and efficient checks and balances. Hence it is relatively negligible, compared to a developing or underdeveloped country like Nigeria. Moreover, the costs of corruption in a developing or underdeveloped country like Nigeria are much worse and of more adverse and severe consequences to the economy, progress, and development of the country and its citizens than in a developed and advanced country and superpower like the USA and other developed and advanced countries — which are already developed and advanced economically, socially, politically, and technologically.
It is therefore a difficult task trying to even modestly deal with and recover from decades to up to half a century or more of gradually increasing and exacerbating corruption in Nigeria.
It is noteworthy that the financial and economic corruption of decades and more, cannot possibly be merely wished away, “whitewashed”, or even “watered down” just within a few years, no matter how much effort is put into it. I think it will take at least a decade to half the time — or even more — that corruption became mainstay in Nigeria, before it can be reasonably dealt with effectively ( if at all) to a desirable level.

