Of all the socio-political problems in Nigeria, the problem of corruption appears to be the most perennial and complex. There have been various attempts to tackle this hydra-headed problem which attempts gained momentum in 1999 when the Olusegun Obasanjo administration passed the Corrupt Practices and other Related Offences Act (ICPC Act) that established the Independent Corrupt Practices Commission. Although the ICPC Act seems to focus more on acts of corruption in public offices, institutions and parastatals, it equally seeks to curb corrupt practices in private business transactions and inter personal relationships among individuals and persons.