Nigeria slips in Corruption Perception Index

In News 2020-01-24 08:03:13
Nigeria slips in Corruption Perception Index
Nigeria slips in Corruption Perception Index

Africa's largest economy has slipped two places on Transparency International's Corruption Perception Index (CPI).

 

The index for 2019 was released on Thursday with Nigeria ranked 146 out of 180 countries surveyed. The slip is coming after an improvement in the 2018 CPI. That year, Nigeria moved up to 144 from 148 the year before.

 

The 2019 research and results focused on the relationship between politics, money and corruption. Countries that did poorly seems to point to weak enforcement of campaign finance regulations.

 

Transparency International ranks countries and territories by their perceived levels of public sector corruption, according to experts and business people. While Scandinavian countries and Switzerland ranked high on the index, corruption still exists, particularly in cases of money laundering and in private sector transactions.

 

A scale of zero to 100 is used in the ranking, where zero is highly corrupt and 100 is very clean. Nigeria’s score for 2019 is 26. This is seventeen points lower than the global average of 43. The top countries are New Zealand and Denmark, with scores of 87 each, followed by Finland (86), Singapore (85), Sweden (85) and Switzerland (85).

 

Western Europe and the EU is the highest scoring region with an average of 66, while Sub-Saharan Africa is the lowest scoring region with 32 points. Both regions have kept an unchanged average since last year.

 

The bottom countries are Somalia (9), South Sudan (12) and Syria (13). The data shows African countries aren’t doing enough to effectively tackle corruption.