Nigeria inches up to 26 in global anti-corruption index, see what’s driving the change

Nigeria has made a slight improvement in the 2024 Corruption Perceptions Index (CPI), scoring 26 out of 100, up from 25 in 2023. This marginal increase has moved the country's global ranking from 145th to 140th among 180 nations. 

Several factors are driving this change. One key factor is the increase in high-profile anti-corruption prosecutions. Agencies like the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) have intensified efforts to investigate and prosecute corruption cases. 

Additionally, civil society and media advocacy have played a crucial role in holding the government accountable. Investigative journalists and civil society organizations have been at the forefront of exposing corruption and pressuring authorities to take action. 

The expansion of e-governance tools in tax collection and procurement processes has also minimized opportunities for corruption. However, experts emphasize the need for further improvements to strengthen accountability across public institutions 

Despite this progress, Nigeria still struggles with widespread corruption across various sectors, including judicial corruption, state capture, and nepotism. The absence of a Whistleblower Protection Law and the lack of transparency in managing recovered assets are also significant concerns. 

https://businessday.ng/news/article/nigeria-inches-up-to-26-in-global-anti-corruption-index-see-whats-driving-the-change/