- Another day, another bad news about Nigeria from the diaspora
- A group that monitors good governance index across the globe has delivered a damning verdict on the country
- In a report released by the group, Nigeria ranked the third-worst governed country in the world
The Singaporean non-profit group, Chandler Good Government Index, CGGI has ranked Nigeria as the third-worst governed country in the world.
The report ranked Nigeria very low in governance, leadership, and foresight, scoring the country 102 out of 104 countries with a score of 0.319 points, ahead of Zimbabwe and Venezuela.
The 2021 report released on Monday, April 26, noted that the ability to handle corruption properly is the strongest indicator of good governance.
The index, which was the first in the series, scored Nigeria 0.44 on leadership and foresight; anti-corruption 0.45; long-term vision 0.47; strategic prioritization 0.41 and innovation 0.4.
The report also ranked Nigeria low in other parameters, scoring the nation 98 in leadership and foresight; 85 in robust laws and policies; 101 in strong institutions; 88 in financial stewardship; 97 in the attractive marketplace; 72 in global influence and reputation and helping people rise 98.
The CGGI explained that the ranking came during the COVID-19 pandemic, which exposed the strengths and weaknesses in institutions, laws, and leadership in countries as governance decides the success of these countries.
Speaking on the criteria for accessing the countries, Wu Wei Neng, the executive director of CGGI, said:
"Governance is critical for a nation's success. Good governance helps nations to flourish and be prosperous.
"We recognise that government systems around the world are very diverse and varied and so in our index, we took care to focus on capabilities that matter to all governments."
Nigeria continues to battle mounting issues of insecurity across the nation which has negatively affected economic progress in the country.
Recall that Akwa Ibom state governor, Mr. Udom Emmanuel on Monday, April 27 decried the high state of insecurity in the country, saying that the Nigerian economy cannot achieve growth and development without a safe environment for businesses and investments to thrive.
The governor bemoaned the current economic and security situation in the country, even as he called for support and prayers for the federal government and the country.
On his part, Delta state governor, Senator Ifeanyi Okowa, said Nigeria is in troubled times with a dwindling economy occasioned by various factors, including worsening insecurity across the nation.
The governor stated this on Friday, April 23 at a funeral service, even as he urged Nigerians to pray that God should change the situation.