Effect of public servants’ financial abuse on Nigeria economy

Abstract

 The misuse or abuse of public fund by public servants and politicians has always been the short fall of most appropriated public funds in Nigeria. This however has grave consequences on the growth of the nation’s economy. This paper examines the Effect of Public Servants Financial Abuse on Nigeria Economy. In carrying out the study, three theories were extensively reviewed to establish the theoretical foundation of the study. This paper through the researcher developed a model, identified various forms of financial abuse by public servants; and their effects on Nigeria Economy. This paper recommended stringent laws to deter public servants from misusing public funds; mandatory declaration of assets by public servants; proper budget planning, accountability and periodic monitoring of it execution.