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Money Politics and Good Governance in Nigeria

Chiazor, A.I. and Egharevba, M. E. (2013) Money Politics and Good Governance in Nigeria. International Journal of Social Sciences and Humanities Reviews, 4 (2). pp. 122-136. ISSN 2276-8645

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Abstract

Going by the events of the fourth republic politics in Nigeria from 1999 till date, it has become apparent that the process of seeking elective positions by politicians and their collaborators(sponsors)has reduced the practice of politicking to mere business investment venture solely for the purpose of profit maximization as epitomized by the Ngige/Uba and Ladoja/Adedibu fiasco, besides several other cases of massive corruption and money laundering that permeates the corridors of power at all levels. These situations speak volume of the kind of leadership the nation has had this past fourteen years as manifested by the increasing state of poverty, inequality and poor living conditions of Nigerians who are yet to savour the benefits of democratization. This paper argued that since the quest for material accumulation and consolidation has remained the bane for seeking political power, various shades of persons with questionable moral bankruptcy will continue to flood our politic landscape unhindered in order to manipulate the instrumentality of state power to further their ill-conceived motives of looting the nation’s wealth rather than address the urgent societal problems of poverty, hunger, infrastructural decay, rising unemployment, insecurity, to mention but a few. The paper concludes by stating emphatically that there is urgent necessity to put in place a workable constitutional framework that is people oriented and empowers them with the ultimate sovereignty of choosing those to govern them, otherwise the ‘demon’ called money and its manipulative tendencies will continue to undermine the process of democratic governance in Nigeria.

Item Type: Article
Subjects: H Social Sciences > HM Sociology
Divisions: Faculty of Law, Arts and Social Sciences > School of Humanities
Depositing User: Mr Solomon Bayoko
Date Deposited: 25 Sep 2013 15:01
Last Modified: 25 Sep 2013 15:01
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/1554

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