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When Corruption Fights Back - Politics - Nairaland

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When Corruption Fights Back by Prinbabie(f): 1:57pm On May 03, 2021
WHEN CORRUPTION FIGHTS BACK.
BY PRINCESS EIGBOKHAN ORIH.
Nigerians has been body shame by other countries because of the Alamaing rate of corruption from government office holders, political appointees and elected political leaders. This Alamaing level of corruption in Nigeria is responsible for the under development and economy growth of our Nation. Where public office holders uses public funds for personal gain.


Corruption is a pressing issue in Nigeria which affects public finances, business investment as well as standard of living. Little wonder Twitter chief executive Jack Dorsey took Twitter headquarters to Ghana. And many other international companies.

The three dynamic effects of corruption include; poor governance effectiveness, especially through smaller tax base and inefficient government expenditure. PwC studies estimate Nigeria’s tax revenues at 8% of GDP, which is the lowest for comparison countries;



However , with the recent out cry of the world heavy weight boxer, champion BASH Ali OON over the corruption allegation of the Nigeria minister for youths and sport development Sunday Dare is anything to go by then Nigeria is in a big mess with corrupt leaders having a feed day on our collective wealth.
According to BASH Ali, the proposed GUINNESS WORLD RECORD BOXING CHAMPIONSHIP BOUT is supposed to be at par with the Nigerian National Petroleum Corporation in generating income for the Federal Government (FG) but, the minister for youths and sport development Sunday Dare preferred going to the FG with cap in hand to beg for money. Ali said the fight should generate $100M minimum per year for the FG. It will also open the Nigeria economic and provide jobs for that period of time meanwhile hon. Sunday Dare demanded for 50 percent of the project where the federal government will collect 30 percent income tax.
BASH Ali said, Sunday Dare told him that he should forget the federal government as he knows to settle the rest in government.
The champion who has spends decades in the western world said he stands against corruption and he is disappointed that a government who ride on the campaign to fight against corruption has corrupt leaders like Sunday Dare in position as sensitive as this.

Bash ali said 98% of young Nigerians leaving NYSC are not sure of getting a job in the next 1 year. Many return back home to survive under their parents; many are at the mercies of fake job adverts; many are at the mercies of fake pastors; many are at the mercy of job for sex. Because of corruption and bad leaders like Sunday Dare.


According to Transparency International’s Corruption Perceptions Index (CPI) was also used as a proxy for corruption; this dataset defines corruption as the ‘abuse of public office for private gain’ and the index was categorized into three parts; Grand corruption, Petty corruption and Political corruption.



The World Boxing Champion, Bash Ali, who is an OFFICER OF THE ORDER OF THE NIGER (OON). Said Foreign Direct Investment explaind that it is harder to predict and do business under such circumstances. Also affected is lower human capital as fewer people, especially the poor, are unable to access healthcare and education due to Alaming corruption in the Nigeria system.

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