The Chairman of the Independent National Electoral Commission (INEC), Mahmood Yakubu, has warned that money politics is endangering Nigeria’s democracy ahead of the general elections in 2023.
Money politics is becoming more prevalent, according to Yakubu, who believes that Nigeria’s democracy is on the verge of becoming a plutocracy for the wealthy rather than a democracy for the people.
On Wednesday, he appeared at an event in Abuja organized by the Centre for Democracy and Development (CDD) and the Open Society Initiative for West Africa (OSIWA).
Insecurity, fake news, and money politics, according to the INEC boss, are some of the difficulties the commission is confronting ahead of the 2023 general election.
“My third area of concern is the growing influence of money in politics, and the fear is that ours may soon become a plutocracy for the wealthy rather than a democracy for the people,” Yakubu added.
“Yes, we’ve partnered with the ICPC and the EFCC, and just recently, we restarted our partnership with the EFCC, saying that we’re going to do something together.”
“However, there are two dimensions to it; when you have willing connectors, containing the situation gets a little more difficult.”
“On the one hand, you have beautiful examples; we all witnessed this on social media in Anambra when there was an attempt to buy votes, and the women refused the money and voted according to their conscience.”