News
?Nigeria Out of Top 10 Most Corrupt Nations for the First Time in a Decade
President Muhammadu Buhari’s highly publicized fight against corruption appears to be having a positive effect on the reputation of the country.
Nigeria was not listed among the ten most corrupt countries in the rating just released by Transparency International.
Nigeria had consecutively been in the top ten for over a decade. Nigeria occupies the 28th position in the latest ranking.
The Corruption Perceptions Index ranked 176 countries on a scale of 0 (perceived to be highly corrupt) to 100 (perceived to be very clean).
In the 2016 Corruption Perceptions Index released on Wednesday July 26 by the Berlin-based ​organisation, Somalia was ranked the most corrupt country in the world for the 10th straight year.
Transparency International estimates that, “corruption, bribery, theft and tax evasion, cost developing countries US $1.26 trillion per year.”
Chairman of the group, José Ugaz, said in the most corrupt countries, “we often see democracies in decline and a disturbing pattern of attempts to crack down on civil society, limit press freedom, and weaken the independence of the judiciary.”
The 2016 CPI, showed that 122 of the 176 countries ranked finished with a score below 50, which Transparency International identifies as having a “serious corruption problem.”
The countries topping the list are generally clustered in Africa and Central Asia Several war-torn nations, such as South Sudan, Syria, Sudan, Yemen, Afghanistan and Iraq which are ranked in the top 10
Meanwhile, Denmark (90 points) was ranked as the least corrupt nation in the world for the fifth straight year. New Zealand tied for the top spot, while Finland, Sweden and Switzerland round out the top five.
The Corruption Perceptions Index conducted by Transparency International, commenced in the year 1995.
Follow us on social media:
“The quality of a woman isn’t measured by the hair on her head but by her brain” – Yul Edochie cautions ladies against killing themselves over expensive hair this Christmas
President Tinubu cancels Lagos engagements in honor of food stampede victims
Moment stage collapses on Odumodublvck during concert performance (Video)
Goods worth millions of naira destroyed as fire guts spare parts market in Ibadan
Farmer k!lled, three siblings and one other severely injured as bomb explosions rock Niger state community
Video trends as Nigerian lady transforms face into Jesus Christ with makeup (Watch)
Lady swaps old woman’s ATM card while pretending to help, steals N2M
“The money wey dem pay me don expire” – Moment Burna Boy stops his performance at the Oando PLC end of the year party (Video)
-
Celebrity Gossip & Gist2 days ago“The money wey dem pay me don expire” – Moment Burna Boy stops his performance at the Oando PLC end of the year party (Video)
-
Economy1 day agoGoods worth millions of naira destroyed as fire guts spare parts market in Ibadan
-
Celebrity Gossip & Gist13 hours agoMoment stage collapses on Odumodublvck during concert performance (Video)
-
Economy12 hours agoPresident Tinubu cancels Lagos engagements in honor of food stampede victims