Page 97– 116 | Babayo Sule, Dr Saalah Yakubu Ibrahim, Abdulkadir Ibrahim
This paper examines the impact of political corruption on increasing poverty in Nigeria. For many decades, Nigeria has been known locally and internationally as one of the corrupt and poverty ridden-countries in the world. Thus, there is a correlation between political corruption and increased level of poverty in Nigeria. The main problem of the research is, resources meant for provision of developmental services and projects for the public are diverted in corrupt practices which not only cause poverty but also increased it. This should not be in a rich country like Nigeria being the six largest oil exporter in the world and a bless country with diverse mineral and adequate human resources. The objective of the work is to study how corruption plays a role in causing and increasing poverty in Nigeria amidst plenty of resources available. The methodology adopted for this research is the use of secondary sources only such as textbooks, journals, reports and online sources. The research discovered that political corruption is a major factor in the paradox of poverty in Nigeria and unless, it is curbed, poverty will continue to increase rendering millions of Nigerians poor and deprived. The research also established that, as political corruption increased, so also poverty level increased which means there is a direct correlation between the two. The research recommends that, for proper poverty eradication, corruption and corrupt practices must be addressed immediately through instituting a mechanism of severe punishment for the offenders and absolute blockage of leakage from government coppers.
Keywords: Corruption, Poverty, Nigeria, Corruption Perception Index, Human Poverty Index