Nigeria has been ranked the third worst governed country in the world by the Chandler Good Government Index.
The Chandler Institute of Governance is an international non-profit organisation, headquartered in Singapore, which annual indicator is built to measure the capabilities and effectiveness of 104 governments around the world.
Expectedly, the CGG index ranked Nigeria low in leadership, foresight and governance, with the country rated 102 out of 104 countries with a score of 0.319 points, ahead of Zimbabwe and Venezuela.
Among other things, the current report identified ability to handle corruption properly as the strongest indicator of good governance.
The first of the ratings also 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.
It also ranked Nigeria low in other areas such as leadership and foresight where it scored 98; 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.
Ranked number one on the list was Finland with 0.848 points followed by Switzerland; Singapore; Netherlands; Denmark; Norway; Sweden; Germany; New Zealand and Canada.
“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,” the report stated.
The rating continues an ugly trend for Nigeria, which was recently ranked as the third most terrorized country in the world.
The country of 200 million people was in 2018 named the poverty capital of the world, surpassing India with a population of 1.2 billion.
Apart from poverty, Nigerians are also grappling with the menacing problem of insecurity, kidnappings and separatist pressures.
The president, Maj. Gen Muhammadu Buhari (retd) came into office in 2015 with a promise to fight corruption and address the problem of insecurity.
Six years down the line, the country is on the brink, dogged by alleged nepotism and clannishness by the federal government.