HighlightTop StoryTrending Story

2023 polls: Money politics: Nigeria inching toward plutocracy, government of the rich and for the rich — INEC Chairman

240

With the overwhelming influence of money on Nigeria’s politics, the Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, has expressed the fear that the current democracy may soon become a plutocracy – government of the rich, for the rich and by the rich.

Unlike the real democracy, government of the people, by the people and for the people, Yakubu said money politics and insecurity constitute major threats to the nation’s democracy.

Persecondnews reports that party delegates across the political parties have been smiling to the banks as aspirants induce them to vote for them.

Son of a former Vice-President Nanadi Sambo, Adam, Kaduna House of Representatives aspirant had demanded a refund of the N2 million he gave to each of the delegates, who failed to vote for him on Tuesday at the PDP primary.

But Yakubu, who expressed worry about the current “cash and carry’’ politics, urged a collaboration with the anti-graft agencies — ICPC and the EFCC – to arrest the situation.

`There are three critical challenges to overcome in the conduct of the 2023 elections namely; insecurity, fake news and money politics.”

“My third area of concern is the influence of money on politics and is becoming more present and the risk is that ours may soon become a plutocracy for the rich rather than a democracy for the people.

“The way money is exchanging hands is a source of concern. Yes, we have collaboration with ICPC and the EFCC and only recently we renewed our collaboration with the EFCC….we are going to do something together.

“However, there are two dimensions to it: when you have willing connectors it becomes a bit more difficult to contain the situation.

“On the one hand, you have brilliant examples, we all saw this on the social media in Anambra when there was an attempt to bribe voters and the women refused to accept the money and voted their conscience,” he said.

He spoke at a one-day colloquium on “Emerging issues that will shape the 2023 general elections in Nigeria’’, organized by the Centre for Democracy and Development (CDD) in collaboration with Open Society Initiative for West Africa (OSIWA) in Abuja.

The INEC boss also identified the challenges of fake news as another potential threat to the current democratic process.

“What political parties do is critical to what INEC does because that is what is called the primary election.

“Because the candidates that emerge from the primary elections are the ones that would participate in the secondary election which INEC will conduct,’’ he also said.

On insecurity, Yakubu said the commission has been meeting with security agencies to tackle the challenge, promising that the commission will strive to be transparent during the forthcoming elections in order not to give room for fake news.

In his remarks, Prof. Attahiru Jega, a former INEC chairman, said the use of money in Nigerian politics has become a source of concern.

“Frankly speaking, the way money is used, many of us are now saying that we are moving in the direction of becoming a plutocracy rather than a democracy.

“Plutocracy is basically the government of the rich for the rich by the rich. Imagine, the National Assembly altered the Electoral Act to increase the threshold of how much a candidate can spend for election finance.

“That is something that we should all have opposed; regrettably, we were too busy with the issue of electronic transmission and so on that we lost focus.

“We did not pay sufficient attention to what they were trying to do because they now smuggled the issue of huge financial outlays required of candidates,” he said.

Jega criticised the political parties, especially the so-called big ones, for fixing huge sums of money (N100 million, N40 million respectively) for nomination forms which has automatically excluded women, young men and people with disability from the contest.

He said attention should be focused on money politics for the next round of electoral reforms to the nation’s electoral law.

Mr Yabagi Sani, the Chairman, Inter-Party Advisory Council (IPAC), complained that INEC did not carry political parties along before releasing the election timetable which has caused some problems in the polity.

“This is why the parties are calling for extension of time for the conduct of their primaries to allow for a thorough job.’’

Leave a comment

Related Articles

Carjacking in FCT: Police recover Land Cruiser Prado after high-speed hot chase

In a swift response to a distress call, the Federal Capital Territory...

Just in: Abuja Court remands 109 alleged foreign hackers in prison

No fewer than 109 alleged foreign hackers, including females who attempted to...

Lagos, Abuja airports receive full NCAA certification

Murtala Muhammed International Airport (MMIA), Lagos, and the Nnamdi Azikiwe International Airport...

Day 3 of African Military Games: Nigerian Armed Forces Shine, Win 17 Medals

The Nigerian Armed Forces have made a remarkable impact at the ongoing...

Eight secondary school boys seize, gang-rape 14-year-old schoolgirl in Ogun

A 14-year-old schoolgirl in the Ijebu-Mushin area of Ogun State has been...

FG raises N346bln at Nov. 2024 bond auction, reflecting strong investor interest

The Federal Government has successfully raised N346.155 billion at its November 2024...

Breaking: Supreme Court Nullifies National Lottery Act

The Supreme Court on Friday nullified the National Lottery Act 2005 enacted...

NNPC Ltd. hosts NSC boss, pledges support for revitalization of Nigerian football

In a significant move to boost Nigerian football, the Nigerian National Petroleum...

Nigerian youths essential to repositioning Africa, says VP Shettima

Vice President Kashim Shettima has reaffirmed the federal government’s commitment to youth...

Just in: Simon Ekpa ‘ll be extradited to Nigeria to face charges – Defence Headquarters

The Nigerian Defence Headquarters, Abuja, has announced plans to extradite Simon Ekpa,...

NPA’s CEO Dantsoho Makes History as First Nigerian Chairman of PMAWCA

In a groundbreaking achievement, Dr. Abubakar Dantsoho, Managing Director of the Nigerian...

Just in: Senate confirms Omolola Oloworaran as DG PENCOM

The Senate on Thursday confirmed the nomination of Omolola Oloworaran for appointment...

Save for rainy day, Federal Accountant General urges state govts, emphasizes transparency, accountability

In a bid to ensure financial stability during adverse situations and economic...

Just in: Senate approves Tinubu’s $2.2 bln loan request

The Senate on Thursday approved President Bola Tinubu’s loan request of $2.2...

Just in: Reps reject bill for six-year single tenure for president, governors

The House of Representatives rejected a constitutional amendment bill on Thursday seeking...

Just in: Simon Ekpa, four others arrested in Finland over terror-related activities

Finnish-Nigerian separatist agitator, Simon Ekpa, and four others have been arrested in...

Sacked UNIZIK VC Odoh to Tinubu: You can’t fire me through press release

Sacked Vice-Chancellor of Nnamdi Azikiwe University (UNIZIK), in Awka, Anambra State, Prof....

UBA to empower MSME’s with wealth management strategies at its ‘Built to Last’ series

As part of its commitment to deepen the growth and sustainability of...

Olopade assumes office as NSC DG, promises new lease of life for Nigerian sports

Bukola Olopade had assumed office as the Director General of the resuscitated...

Amid High Inflation Rate, IMF Pledges Support for Nigeria’s Economic Reforms

International Monetary Fund (IMF) President Kristalina Georgieva and her team met with...