Endemic corruption has become an issue of major political and economic relevance in recent years. This has led to a resurgence of interest in analyzing the phenomenon and the diverse forms that it assumes in developing polities with an expectation that democratization and economic liberalization offer potential routes to dealing with the problem. As Nigeria moves towards her 51 st independence anniversary, the polity is at crossroads in its fight against graft. Aside from its internal battle to fight corruption, recent revelations on mega bribery scandals being perpetrated by the ruling elites have confirmed that corruption is a cancer that may stunt the nation's growth. In spite of the effort s of the Economic and Financial Crime Commission (EFCC) and the Independent Corrupt Practices and other related Offences Commission (ICPC) stem the rising tide of corruption in the country. The socioeconomic menace has continued to maintain it's upwards trend, especially among public servants and political appointees. Critiques of the anti-corruption agencies blame the ugly trend on the mode of operation and of the agencies, which according them should be restructured. Some observers have also put the threshold on the criminal justice system and call for the creation of a separate court with the jurisdiction to try all allegations of corruption. The paper examines in a thematic form the various forms and types of corruption. The article also identifies various reasons that inhibit the graft war in Nigeria and the implications for governance. The paper concludes by positing that the recent political history of corruption in Nigeria suggests that corruption is not new, and that, indeed, corrupt practices have been part and parcel of Nigerian politics from inception.
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