Categories: 2023 Elections Headline

2023: INEC Warns Against Dangers Of Monetization Of Nigerian Politics

Advertisement
Advertisement

INEC has warned against the dangers of monetization of Nigerian Politics.

 

 

Newsonline reports that Nigeria’s electoral regulatory body, INEC, has warned that the influence of money in politics is becoming more present, and the risk is that Nigeria may soon become a plutocracy for the rich rather than a democracy for the people.

 

INEC chief Prof. Mahmood Yakubu disclosed this 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) on Wednesday in Abuja.

 

He also disclosed that INEC is collaborating with EFCC to check financial incentives in Nigeria’s electoral process.

What INEC Chief is saying

Prof Yakubu stated that there were three critical challenges to be overcome in the conduct of the 2023 election, 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, saying that 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 stated.

He added that the antidote to fake news is more real news and greater openness and transparency.

Advertisement
NewsOnline Nigeria

Recent Posts

  • Brands & Marketing
  • Tech

Why Your Business Needs Unified Data Analytics For Growth And Success

Most business leaders will agree that data analytics is a strategic necessity today. Without access…

2 mins ago
  • Brands & Marketing

FirstBank Host Fintech Summit 6.0, Launches Fintech Innovators Pitch Programme

 FirstBank, the premier West African financial institution and financial inclusion service provider is excited to…

8 mins ago
  • Crime Watch

BREAKING: Popular Catholic Priest Kidnapped In South East (PHOTOS)

A popular Catholic Priest has been kidnapped in the South East.   NewsOnline Nigeria reports…

1 day ago
  • Top Stories

UK Conservative Party Leader Kemi Badenoch Snubs Tinubu Government

UK Conservative Party Leader Kemi Badenoch has reportedly snubbed the Tinubu Government.   NewsOnline Nigeria…

1 day ago
  • Economy And Business
  • Headline

BREAKING: Dangote, Marketers Fight Dirty Over Plots To Monopolize Oil Sector

Dangote and marketers fight dirty over alleged plots to monopolize the oil sector.   NewsOnline…

1 day ago
  • Exchange Rates

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 7th November 2024

The black market dollar to Naira exchange rate on Thursday 7th November 2024 can be…

1 day ago