Skip to main content

Nigeria Drops In Latest Transparency International’s Corruption Ranking.

Nigeria for the second consecutive year is having a downward spiral on the TI’s Corruption Perception Index (CPI).

Nigeria has dropped one place in the 2021 Corruption Perceptions Index (CPI) ranking released on Tuesday by Transparency International (TI).

The country scored 24 out of 100 points in the 2021 index, which was revealed on TI’s official Twitter handle, @TranperencITng.

It is Nigeria’s second consecutive year of a downward spiral on the TI’s CPI ranking, the country’s score having dropped from 26 in 2019 to 25 in the 2020 assessment, and further to 24 in the latest 2021 record.

The CPI is TI’s tool for measuring the levels of corruption in the systems of various countries around the world. The maximum points a country can score is 100 points, and the least is zero. Zero signifies the worst performing countries and 100, the best-ranked.

Nigeria keeps its 149th position out of the 180 countries surveyed, making it the second most corrupt country in West Africa.

The ranking may be an indicator that corruption in the country has gotten worse over the years.

However, the Nigerian authorities, on the other hand, have always criticised any unfavourable TI’s reports that point to worsening corruption in the country.

It claimed last year, in reaction to the 2021 assessment, that TI was unaware of President Muhammadu Buhari’s administration’s achievements in the battle against corruption.

The Minister of Information and Culture, Lai Mohammed, had stated that the (TI-CPI) does not reflect “the great strides by the country in its fight against corruption.”

The minister also questioned the source of the data used for the TI ranking.

He said, “For instance, following the release of the 2019 TI-Corruption Perception Index, the government initiated reforms to improve on Nigeria’s Ease of Doing Business indices. 

This is because we found that up to 40 per cent of the country’s corruption perception survey indices relate to business processes and general public service delivery processes.

“Government’s swift action has led to major reforms in the processes at our ports and business process points.”

Culled: Premium Times

Source: Premium Times News



Comments

Popular posts from this blog

Jeff Bezos With GF Lauren Sanchez At The Miami Grand Prix

On Sunday, 06 May 2023, Jeff Bezos and his girlfriend of almost four years, Lauren Sánchez were at the F1 Miami Grand Prix. Jeff Bezos And Lauren Sanchez Top Left At The F1 Miami Grand Prix, Qualifying, Miami International Autodrome, Miami Gardens, Florida, USA – 06 May 2023 Lauren Sanchez, 53, a former Newscaster, was spotted in a crop top and jeans alongside her billionaire boyfriend Jeff Bezos, 59, in Miami, while attending the Miami Grand Prix. They held hands as they arrived at the Formula One Grand Prix event. Jeff Bezos with a net worth of US$125 billion as of April 2023, arrived in the team village at the Formula 1 Crypto.com Miami Grand Prix in Miami, Florida on May 6, 2023. Bezos is the third-wealthiest person in the world and was the wealthiest from 2017 to 2021, according to both the Bloomberg Billionaires Index and Forbes. Credit: Hollywood life.com, Wikipedia

The CBN Reverses Its Decision And Sets New Limit On New Naira Note Withdrawal

The Central Bank of Nigeria had initially stopped the withdrawal of the new Naira notes over the counter, directing commercial banks to instead dispense the cash through their Auto Teller Machines (ATM) to the public. Thursday, 2, February 2023, the apex bank has now backtracked on that decision, it is informing the commercial banks to resume over-the-counter withdrawal of the new N200, N500 and N1,000 notes. The Central Bank of Nigeria, has set a new directive of a maximum daily payout limit of N20,000, consisting of redesigned Naira notes, to each customer.  “In line with this resolve, the Governor, Mr Godwin Emefiele, has directed deposit money banks (DMBs) to commence the payment of the redesigned Naira notes over the counter, subject to a maximum daily payout limit of N20,000.  “We also admonish members of the public to embrace and adopt other payment channels for their transactions.  “The Naira is our legal tender and symbol of national pride. Therefore, let us resp...

In The Spotlight

Music superstar, Rihanna is scheduled to perform Lift Me Up during the biggest night in Hollywood. Yes! The 95th Academy Awards ceremony - the Oscars. The song, created with Tems, Ryan Coogler and Ludwig Göransson, was featured on the Black Panther: Wakanda Forever soundtrack. It has been nominated for best original song, marking Rihanna's first Oscar nomination. The show will be hosted by Jimmy Kimmel. In early February 2023, Rihanna performed at the Super Bowl. The singer mesmerized viewers with a soaring, solo half-time show, in which she publicly revealed her second pregnancy with her partner, rapper A$AP Rocky. The 13-minute performance was highly anticipated by Rihanna's fans, many of whom had not seen her perform since she graced the Grammys stage in 2018 to perform 'Wild Thoughts' with DJ Khaled Rihanna who had taken a seven year break from the music scene to focus on her business ventures, like her Fenty Beauty make-up brand and her Savage X Fenty lingerie line...