Issues in third party campaign finance

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

The unprecedented is happening in Nigeria’s electoral process in the lead up to the 2023 general election. At no point in the country’s history was the political process so highly monetised.

It is a bizarre bazaar. The All Progressives Congress, which is the ruling party, is leading the pack. Jesse Unruh, speaker of the California Assembly from 1961 to 1968, is quoted to have said, “Money is the mother’s milk of politics… For better or worse, mostly worse, I think money is seen as the life force and energy behind politics and elections.”

The nomination form price list of the Peoples Democratic Party, which is the main opposition party and former ruling party, is as follows: House of Assembly, N600,000; House of Reps, N2.5 million; Senate, N3.5 million; Governorship, N21 million; Presidential, N40 million. It should be noted that this is a combination of Expression of Interest and Nomination Fee.

Social Democratic Party nomination form price list: State House, N500,000; House of Reps, N1.7 million; Senate, N3 million; Governorship, N16 million and Presidential, N35 million. On the contrary, the African Action Congress’ nomination form price list is free of charge. Only that the aspirant has to pay membership dues and small donations to the party if he so wishes.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines