A global non-profit organisation, Chandler Institute of Good Government (CIGG), has ranked Nigeria as the third-worst governed country in the world.
The organisation revealed this in its inaugural good government index on Tuesday.
The parameters considered by CIGG to arrive at its conclusion included: governance, leadership, foresight, robust laws, policies, financial stewardship among others.
The report taps from over 50 open data sources from global organisations.
The 2021 report released in Singapore yesterday noted that the ability to handle corruption properly is the strongest indicator of good governance.
The report ranked the nation 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 index 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 attractive marketplace; 72 in global influence and reputation and helping people rise 98.
According to the report’s assessment of nations across the globe Finland ranked number one with 0.848 points followed by Switzerland; Singapore; Netherlands; Denmark; Norway; Sweden; Germany; New Zealand and Canada.
Mauritius, had the best performance in Africa scored 0.5670, placing it at number 38 on the index globally.
The island nation is followed by Rwanda and Botswana at number 53 and 57, respectively.
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.
The report stated, “Good governance begins with good leadership. The culture of government leadership varies from country to country, but the CGGI’s highest-performing governments are united in three ways: a commitment to integrity, a strong vision and plan for their nation’s future, and the ability to make the most of their available resources.”
It added “Launching the inaugural Index in the middle of a global pandemic has reinforced the positive impact of good governance, as well as the dangerous consequences of weak government. Lessons must be learned, and urgently, as governments tackle the critical challenges to the sustainability of our planet and well-being of our communities, while building strong and prosperous nations. ”
The organisation noted that the report is the world’s most comprehensive index of governance quality and outcomes.
The development comes weeks after StatiSense, a data technology company, ranked Nigeria third on a list of countries with the highest unemployment rate globally.
Also months ago, the Corruption Perception Index (CPI) 2020 report published by Transparency International indicates that Nigeria occupies the 149th position out of the 180 countries surveyed as well scored 25 out of 100 points.
The ranking makes the most populous country in Africa the second most corrupt in West Africa with Guinea-Bissau the only country more corrupt than Nigeria in the sub-region.
