Group Ascribes Nigeria’s Improved Rating On TI Index To Tinubu’s Insurance policies

Group Ascribes Nigeria’s Improved Rating On TI Index To Tinubu’s Insurance policies

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By Salif Atojoko

Nigeria’s improved rating on the Corruption Perception Index of the Transparency International (TI) is a mirrored image of the efficacy of President Bola Tinubu administration’s insurance policies.

A gaggle, the Tinubu Stakeholders Forum (TSF), made this identified in an announcement on Monday by its Chairman, Mr Ahmad Sajoh.

“The latest enchancment in TI’s Corruption Perceptions Index, the place Nigeria superior 5 locations, is a testomony to the current administration’s unwavering dedication to transparency and integrity.

“This achievement displays the effectiveness of President Tinubu’s complete anti-corruption technique, which encompasses each strong coverage deployment and stringent enforcement measures.

“We have no doubt that the administration’s focus on implementing policies that foster economic stability and provide support to civil servants has been instrumental in this progress,” stated TSF.

The group stated initiatives such because the institution of the National Credit Guarantee Company, to be inaugurated in May 2025, would broaden credit score entry to companies and people, thereby selling financial progress and decreasing the temptation for corrupt practices.

“The Nigerian Education Loan Fund (NELFUND) is a key coverage initiative of President Bola Ahmed Tinubu’s administration geared toward easing the monetary burden of tertiary training on households, particularly civil servants.

“By offering interest-free scholar loans with a versatile reimbursement construction, NELFUND reduces the stress on dad and mom to fund their kids’s training, selling monetary stability and discouraging unethical technique of revenue.

“Furthermore, the administration’s housing policy focuses on creating mortgage and consumer credit reforms, introducing home ownership programmes for civil servants with flexible payment terms over their service years,” continued the group.

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It stated the initiative offered financial consolation for civil servants, enabling them to safe materials wants legitimately and decreasing the attract of illicit means.

According to the group, the latest minimal wage enhance from ₦30,000 to ₦70,000 is one other important step in direction of making certain that public servants obtain truthful compensation, thereby diminishing the motivation for corrupt actions.

“These insurance policies not solely improve the welfare of civil servants but in addition contribute to a tradition of integrity and accountability throughout the public sector.

“We also commend efforts by the administration to ensure speedy prosecution of corruption cases in court,” stated TSF.

NAN studies that the TI, a worldwide coalition in opposition to corruption, ranks international locations in line with the notion of their efficiency on corruption.

In the 2024 CPI launched by TI, Nigeria was ranked 140 out of the 180 international locations assessed.

The nation scored 26 factors out of 100, one level larger than the 2023 rating of 25, to emerge the 36th most corrupt nation on this planet.

NAN studies that the TI tagged South Sudan as essentially the most corrupt nation, adopted by Somalia and Venezuela.

The least corrupt nation is Denmark with 90 factors.

It is adopted by Finland with 88 factors and Singapore with 84 factors.

In the 2021 CPI, TI ranked Nigeria 154 out of 180 international locations.

In 2022, the nation ranked 150 out of 180 international locations.

In 2023, it ranked 145, an enchancment of the 2022 rating of 150. (NAN) (www.nannews.ng)

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Edited by Sadiya Hamza

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Folashade Adeniran
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