FeaturedHighlight

Corruption in Nigeria is getting worse, says Transparency International

696

The Federal Government is not doing enough in the fight against graft, anti-corruption watchdog Transparency International (TI) said Wednesday, as it presented its annual corruption perceptions index.

Nigeria was ranked 148 out of 180 nations listed, showing that corruption has in fact grown worse in recent years.

This declaration is a major embarrassment for the federal government, coming after a recent Pwc results showed that corruption in Nigeria could cost up to 37% of GDP by 2030 if it’s not dealt with immediately. This cost is equated to around $1,000 per person in 2014 and nearly $2,000 per person that lives in Nigeria by 2030.

Somalia was the worst performer, ranking last among the 180 nations listed, below South Sudan, Syria, Afghanistan and Yemen.

TI’s table is compiled by awarding countries a score of between one and 100, based on data from 12 international organizations including the World Bank, African Development Bank and the World Economic Forum.

Every week at least one journalist is killed in a country that is highly corrupt.

The analysis, which incorporates data from the Committee to Protect Journalists, shows that in the last six years, more than 9 out of 10 journalists were killed in countries that score 45 or less on the index.

Leave a comment

Related Articles

Bonga FPSO Shutdown for Maintenance, Nigeria’s Oil Output to be Affected

Shell Nigeria Exploration and Production Company (SNEPCo) has announced the shutdown of...

Traders Count Losses as Fresh Fire Ravages Kano’s Singa Market

Barely two months after a crippling fire outbreak, Singa Market in Kano...

Tragedy in Abuja: Rising Music Star Ifunanya Dies After Snake Bite

A bright light in Nigeria’s music scene has been extinguished. Ifunanya Nwangene,...

Ademola Lookman Set to Join Atlético Madrid in €40m Deal

Nigerian forward Ademola Lookman is poised to join Atlético Madrid in a...

Ogun Gov. Abiodun to Unveil State-Owned DisCo, New World Bank-Power Projects, Mini-grids

Ogun State is gearing up for a major power boost with the...

Kano Secures ₦1trn Rail Project After Governor’s High-Profile Defection to APC

Barely 48 hours after joining the ruling All Progressives Congress (APC), Kano...

Emefiele’s Trial: Ex-CBN Director Admits to $2.5m ‘Gift’ Linked to $6.2m Election Logistics Fund

Bashirudeen Maishanu, a former Deputy Director of Banking Supervision at the Central...

“Selective Payouts”: Dozens of ‘Concerned’ Lawyers Demonstrate at Finance Ministry, Abuja

Lawyers representing the Concerned Lawyers for Probity and Justice protested at the...

Historic Milestone: Sarah Mullally Confirmed As First Female Archbishop of Canterbury

History was formally etched into the foundations of the Church of England...

17 Days to Go: Access Bank Lagos City Marathon Unveils Key Details

With the 2026 Access Bank Lagos City Marathon just 17 days away,...

FG to Recall Military Retirees to Secure High-Risk “Ungoverned Spaces”

The Federal Government has launched a strategic initiative to deploy military veterans...

Boardroom Titan, Business Mogul Otunba Adekunle Ojora Exits

Renowned Lagos patriarch Otunba Adekunle Ojora has died at 93. The Olori...

FCTA Strike: NLC Defies Court Order, Tells Workers to Continue Action

The Nigeria Labour Congress (NLC) has signaled its intent to continue industrial...

Alleged Coup: Military Can’t Try Treason Under Armed Forces Act – Frank Tietie

Abuja-based human rights lawyer Frank Tietie has cautioned that the Nigerian military...

Court Ruling: Return to Work or Face Consequences – FCT Minister Wike

Following a court-ordered end to the FCTA workers strike, Minister Nyesom Wike...

ECOWAS: Halting A Drift Towards Disintegration and Looming Civil War in Guinea-Bissau

by Paul Ejime More than 50 years after its formation, the Economic...

Total Blackout: National Grid Fails for Second Time in 96 Hours

For the second time in just four days, Nigeria’s national grid suffered...

Unions, CSOs to NAFDAC: Lift the Sachet Alcohol Ban or Face a Shutdown

Stakeholders in the food and beverage industry are escalating their opposition to...

Sunday Igboho Ends 4-Year Self-Exile, Returns to Ibadan

After about four years in self-imposed exile, Yoruba Nation activist Chief Sunday...

“Wike Must Go’ Chants Echo as FCTA Workers Protest at Abuja Court

Federal Capital Territory Administration (FCTA) workers, backed by the Nigeria Labour Congress...