Thursday, December 04, 2014 16:53 PM / NCCN Secretariat
On December 3, 2014, Transparency International released the Corruption Perception Index Report 2014. This publication is a key barometer for the internal and external perception about Nigeria and comes at a critical point in the build up to the 2015 general elections. According to the report, Nigeria moved up 6 positions on the common size rankings (of 175 countries) to 136 . This is indicative of a shift in the perception around corruption in Nigeria. This is no doubt a move in the right direction. Nigeria improved in absolute rankings, and compares favourably with the BRIC(Brazil, Russia, India, China, South Africa) (-30.25) and MINT (Mexico, Indonesia, Nigeria, Turkey) (+0.5) nations.
Figure 1 – CPI Rankings For MINT Nations
The Corruption Perception Index (CPI) ranks countries according to how corrupt their public sectors are perceived to be. The reports analysis showed that the Police (4.7/5) and Political institutions (4.5/5) are perceived by the public to be the most affected by corruption in Nigeria. The index captures the informed view of analysts and business professionals in countries worldwide.
The National Competitiveness Council of Nigeria (NCCN) is dedicated to promoting the fight against corruption in Nigeria with the ultimate goal of improved collective prosperity. Since commencing full operations in January, the NCCN relentlessly crafts and advocates policy interventions that will lead to tangible improvements in Nigeria’s competitiveness and perception of the country.
There is still much work to be done to improve the international perception of Nigeria and the public sector cannot achieve this single handedly. There is a need for private sector initiatives designed to tackle corruption. In this regard, the NCCN in commemoration of the UN anti-corruption day, has partnered with the Clean Business Practice Initiative (CBPI) to host a moderated panel discussion on the 9th of December 2014.
Members of the press and select invitees are welcome to join the discussion session. This panel discussions will centre around proffering possible solutions which are both sustainable and allow for private sector buy in.