BAD GOVERNANCE IN REVENUE GENERATING AGENCIES: THE BANE OF NIGERIA'S DEVELOPMENT

Abstract

ABTRACT Nigeria, commonly called the giant of Africa, has faced significant developmental challenges due to poor governance. Despite attaining independence 62 years ago, Nigeria has yet to catch up with other nations in several developmental spheres. This research examines the effect of maladministration on five institutions entrusted with revenue generation and its impact on Nigeria's slow developmental pace. Although Nigeria has commendable policies, their execution could have been more effective if not due to the lack of political will and commitment. Moreover, corrupt officials continue to evade punishment, further exacerbating the situation. The research, which relied on primary and secondary sources using the doctrinal approach, reveals that institutional corruption remains one of the most significant obstacles to Nigeria's progress. The paper recommends implementing checks and balances and enforcing the law by punishing corrupt government officials, a practice common in developed nations