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SUMMARY
Manifestation of corruption has remained the most notorious social menace threatening the general growth and development of Nigeria. Exhibition of corrupt tendencies by public officials have bastardized the pace of growth and development in all facets. Nigeria has lost an estimated fifty percent (50%) of what it has generated since independence to public office looters. The most frustrating reality is that these looted funds are not invested in Nigeria but are dumped in foreign accounts to the betterment of the economies of those states. Manifestation of corruption has broadened the gap between the rich and the poor. While the rich keeps living in affluence, the poor suffocate in abject poverty and illiteracy. The ‘praetorian guard’ who intervened in Nigerian politics had destroyed all forms of transparency and accountability and as a matter of fact, institutionalized corruption manifestations.
In nearly five secretive years in power, Nigeria's Gen. Sani Abacha built a reputation for authoritarian, sometimes brutal rule. He was less known -- but in terms of his legacy to Nigeria, perhaps more important -- for overseeing a web of corruption that Nigerians and oil industry sources say plundered billions of dollars from the country.
