Monday, October 1, 2012

The Federal Government’s fight against corruption is paying-off -Business Day

For the media reports backing President Jonathan's  claim on corruption index please see: http://www.businessdayonline.com/NG/index.php/news/76-hot-topic/44406-fgs-anti-corruption-initiative-impacts-nigerias-global-perception

"FG's initiative impacts Nigeria's global perception
FRIDAY, 14 SEPTEMBER 2012 00:00 IHEANYI NWACHUKWU

Transparency International (TI) Headquarters in Berlin
The Federal Government's fight against corruption is paying-off in the global arena as a survey by Transparency International (TI) shows Nigeria's corruption perception has improved.

The survey on global corruption perceptions for 2011 versus 2001 showed that the third best improvement in the world was in Nigeria, with its score improving by 1.5 points. In the scoring, Nigeria follows the United States of America, which scored 2 points, while Bangladesh scored the  highest by 2.3 points.

Also in the survey, the corruption perception score showed that Nigeria displaced Zambia, Mauritius, Uganda, Cameroon, Ghana, Kenya, Botswana, Senegal, Cote d'Ivore, Malawi, Zimbabwe, South Africa, Egypt, Namibia, and Tunisia.

Barely one year ago, the Co-ordinating Minister for the Economy and Minister of Finance, Ngozi Okonjo-Iweala, had vowed to tackle corruption in the country, saying the move would help the ministry to effectively deliver on its mandate.

Okonjo-Iweala was  appointed last year by President Goodluck Jonathan to restore some order to Nigeria's public finance. A former World Bank managing director, she is battling to reform one of the world's most corrupt nations, without support from the shadowy "godfathers" who wield power from behind the scenes.

Nigeria scored higher than countries like Poland, South Korea, Indonesia, Japan, Belgium,  Romania, Latvia, Bolivia, Estonia, Slovenia, Germany, Turkey, Hong Kong, the Czech Republic, Switzerland, India, Norway, Azerbaijani, Ecuador, Australia, France, Sweden, Costa Rica, Slovakia, Vietnam, and Kenya.

Other countries Nigeria scored higher than are Taiwan, Ukraine, Thailand, Pakistan, Russia, China, Croatia, Nicaragua, the Netherlands, New Zealand, Ireland, Kazakhstan, Austria, Singapore, Lithuania, Denmark, Honduras, Guatemala, El Salvador, Luxembourg, Portugal, Moldova, Brazil, Canada, the Philippines, Chile, Columbia, Jordan, Panama, Finland, Argentina, the Dominican Republic,  the United Kingdom, Uruguay, Bulgaria, Malaysia, Peru, Mexico, Hungary, Spain, Greece, Venezuela, Iceland, Uzbekistan, Italy, Israel, and Trinidad and Tobago.

The survey further showed that nine Sub-Sahara Africa (SSA) countries have seen improving scores against five SSA countries that saw a decline (Namibia and South Africa) from high scores previously.

Two North African countries saw a big decline – and that may have contributed to the regime change which saw autocrats deposed in those countries. "The middle class in Tunisia was particularly incensed by the corruption in their country," said Charlie Robertson, Managing Director, Global Chief Economist, Renaissance Capital"

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