Indeed corruption has remained a major factor responsible for the nation’s backwardness. It has led to much of the troubles in the oil and gas sector, the insistence on importing petroleum products rather than refining same locally, the challenges in the power sector, the sleaze in the banks and other financial institutions including the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE), the rot in the judiciary, the refusal of some committees of the National Assembly to carry out their statutory oversight functions, the mismanagement of the Naira by the CBN, the decay of our infrastructure, etc
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