Transparency and Honesty as Panacea for Sustainable Development (Proverb 13:14)

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Transparency and Honesty as Panacea for Sustainable Development (Proverb 13:14)

Akah Josephine Ngozi

Humanities Unit, School of General Studies,

University of Nigeria, NsukkaE-mail:Josephine.akah@unn.edu.ng

ABSTRACT

This paper examines transparency and honesty in the actualization of overall sustainable development in Nigeria. It is often said that no country can develop beyond the level of its leadership. The crisis of Nigeria in terms of under development can be attributed to the problems of leadership and transparency. The question then is: have the government of Nigeria been able to achieve effective regulatory framework leading to revenue transparency which is a key factor in the attainment of sustainable development? The problem of this paper therefore, is that there is little or no transparency in the conduct of most business including governance in Nigeria. The paper used descriptive and analytical approach. The findings revealed that weak political institutions to undertake effective checks and balances created spaces for leaders to commit corruption in the country. The end result is loss of revenue, poverty and poor standard of living. The paper recommends the development of effective framework for transparency and accountability in the country.

Keywords: Transparency, Honesty, Panacea, Sustainable Development.