Corruption in Nigeria is getting worse, says Transparency International

Corruption in Nigeria is getting worse, says Transparency International

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.

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