On Tuesday, Nigeria reportedly recorded an improved ranking in the Corruption Perception Index (CPI), moving five places up to rank 145 out of 180 countries assessed.
The country’s score also witnessed a marginal increase, reaching 25 out of a possible 100 points, compared to its previous score of 24 in the last year’s CPI results.
Auwal Musa Rafsanjani, the Executive Director of the Civil Society Legislative Advocacy Center (CISLAC), presented the index in Abuja and noted that Nigeria’s score falls below the sub-Saharan African average of 33 points.
The CPI assesses perceived corruption within each country’s public sector on a scale from zero to 100, where zero denotes “highly corrupt,” and 100 signifies a very clean system.
Coincidentally, the International Monetary Fund (IMF) also downgraded its forecast for Nigeria’s 2024 economic growth to 3.0 percent, representing a one percentage point reduction from the October 2023 growth forecast of 3.1 percent.
The IMF also downgraded the forecast for Sub-Saharan 2024 economic growth to 3.2 percent from the earlier forecast of 3.4 percent made in October last year.
