Description
Money politics in Nigerian democracy today (a case study of fourth republic).
Abstract
It is an established fact that money politics is a global phenomenon, and its trend in Nigeria’s electoral system is worrisome. Buying and selling of votes have become an accepted norm in Nigeria’s political arrangement and which threatens her readiness to embrace democratic virtues. Vying for political posts is left for rich individuals due to the huge amount of money involved in preparation for elective offices. Though the electoral act regulates political finances, its application is not obtainable. The electoral body that is responsible for monitoring and regulating the expenses of candidates has not been vibrant in such an obligation. This makes it imperative in this study to explore the ugly phenomenon of money politics in Nigeria’s democracy via its implication for sustainable development. The project infers that until Nigerians move from the politics of money and adopt the politics of ideology and creativity, the advancement of the country’s democracy might be a mirage. Scope of the study: This study will be of paramount importance to the elections management bodies in Nigeria especially the Independent National Electoral Commission (INEC). Proponents of the Theory include: Vilfredo Pareto (1848– 1923), Getano Mosca (1858– 1941), Robert Mickels (1876– 1936).Relevance of the study: It is relevant because we cannot separate politics from power and the influence of the elite is an important segment of society whose influence cannot be ignored. The theory of politics posits that a small minority, consisting of members of the economic elite and policy planning networks, holds the most power and that his power is independent of democratic elections. KEYWORDS: Money Politics, Vote Buying, Democracy, Fourth Republic.
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