Anti-corruption in Corruptocracies: The Nigerian Experience

A regime of corruption ‘Corruptocracy’ describes a government or state dominated by corrupt oligarchs. Corruptocracies  are most common  in Sub-Saharan Africa, Asia-Pacific, Latin America, the Middle East, and Eastern Europe. Many countries in these regions have for decades, remained under the dominance of a corrupt oligarchy that exercises absolute control over political power and public wealth. But even in developed countries, traces of corruptocracy may be found. For example, some consider  the political finance regime in the US  which enables big individual and corporate financiers to bankroll the election of political leaders, as a marker of a corruptocracy. Once in office, public officials are believed to pander to the private interests of these financiers to the detriment of the larger American population. Whether in the developing or developed world, corruptocracies have victims – the public. The question, therefore, is not whether there can be adverse outcom...