A round table seminar organized by the department of Economics, University of Uyo (uniuyo) tagged “Corruption in Nigeria” has come to an end on 27th of October, 2015 with many opinions proffered in tackling the corruption menace in Nigeria. The event which was championed by Dr Christopher Ekong, Ag. Head Department Economics and Chairman Seminar committee and Prof Imeh Ukpong, Dean Faculty of social science who chairman over the occasion started with the arrival of guest at 11am prompt. The program which featured paper presentation from various intellectuals and the table of academic doctors and professors had to its honour guest appearances outside the university included ICPC chairman,(Represented); Prof Akpan H. Ekpo; Prof Ahaziah who is the Co-coordinator Ritman university, Akwa-Ibom and host of others. Present at the occasion were Prof. Comfort Ekpo, Vice chancellor uniuyo (represented), Head of Departments, Deans, post graduate students, and the general uniuyo community students. During the paper presentation, questions such as what corruption is, causes and possible remedy were raised and tackled as every speaker had various angles to the topic ranging from Economic approach, structural and religious position, etc.
According to Prof Joe U. Umo who is from the department of Economic a uniuyo stated that corruption is at the core of the economy touching on scare resources with his Marshallian theory of demand and supply with
blunt edges to attain an equilibrium. Indicating that corruption is both historical and contextual, siting that economic meltdown as one of the cause of corruption. He furthermore highlighted the engine room of corruption to be poverty, unemployment which can be battled head to head by mass quality education, infrastructure, high productivity coupled with high wages stressing that corruption can be limited with strong laws. Concluding his presentation on corruption, he stated that the war on corruption is a titanic fight and the real war is on the economy. One notable speaker at the event was Prof Ahaziah Umanah who is the coordinator Ritman University brought his wealth of experience in religious matters to the fore as his submission on corruption was religious
based. Dressed in his religious attire representing the Catholic faith started by saying he is a social deviant and that corruption is ubiquitous. He defined corruption as “a social process within which human beings grow from good to bad”. He also hinted that corruption is behavioral retrogression. Highlighting major sector areas affected by corruption such as institution, family, politics, education, etc buttressing his point on corruption as ubiquitous.
As part of his submission on the remedy for corruption, he stressed the need for honesty, truth, morality and shame culture, i.e., the shameful feelings after an evil act has been committed, back in the society starting from the individual. Various contributions indicated that corruption as the abuse of power for personal gain which in the long run leads to ineffectiveness of the system, leads to frustration, inefficient activities. Submissions which was voiced by Prof Edet Akpakpan, department of Economics stated that deregulation polices as adopted by world bank could be used as well, self-disciple and courage to fight corruption should be imbibed by individuals while political will, dealing with real economic challenges and checkmating of agencies should be adopted by government parastatals. The Vice-Chancellor (represented) added that if corruption is evil, let’s fight cheap money since money is the root of all evil and leaders most show example. To round-up the event, questions were raised and answered appropriately and prayers were offered to God to close the occasion.
Filed in by