The ranking was published by the Transparency International Defence and Security Programme UK index in its index released on Tuesday.
The index report, a copy of which was made available to the Nigerian Tribune revealed that Nigeria was ranked in BAND E – Very High Risk, alongside other 17 countries in a seven-category ranked index.
Other countries were Afghanistan, Bahrain, Cote d’Ivoire, Indonesia, Iran, Iraq, Morocco and Oman. Others were Philippines, Qatar, Saudi Arabia, Sri Lanka, Tunisia, Uganda, Uzbekistan, Venezuela, Zimbabwe.
The report, however, analysed what 82 countries did to reduce corruption risks. These countries accounted for 94 per cent of the global military expenditure in 2011, equivalent to USD 1.6 trillion.
Countries were scored in bands from very low risk (A) to critical risk (F), according to detailed assessment across 77 indicators whichcover five prominent risk areas— politics, finance, personnel, operations, and procurement.
Nigeria was ranked under Band E, second to the last category by the index.
The report further noted that “ 70 per cent of countries leave their doors open to waste and security threats, as they lack tools to prevent corruption in the defence sector, according to the first ever index measuring how governments prevent and counter corruption in defence, released by UK’s Transparency International Defence and Security Programme.
Those with poor control included two-thirds of the largest arms importers and half of the largest arms exporters in the world.
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