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