TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Not too poor to run – Punch

The Citizen by The Citizen
June 17 2018
in Public Affairs
A A
0
Pres. Buhari to sign 2018 budget Tuesday

The Not Too Young to Run movement which began in Nigeria has inspired a global movement to allow greater participation of young people in politics and governance. On June 1, 2018, President Muhammadu Buhari signed into law, the Not Too Young to Run Act (NTYTRA). In essence, the Act alters the provisions of sections 65, 106, 131 and 177 of the Constitution of Nigeria to reduce the age of persons qualified to run for election into public office.

The Act changes the age eligibility for the Office of the President from age 40 to 35; governor, from age 35 to 30; and state assemblies from age 30 to 25. While this is a good step in the right direction, especially in an African nation where the old guard has refused to relinquish political power, I believe that a lot more needs to be done for us to feel any impact from the NTYTRA.

In my view, nothing much will change in our political landscape unless and until our election structure is overhauled. Particularly problematic, in my humble view, are the areas of campaign financing and political party funding in Nigeria. Those who have the money will continue to control the selection process for candidates and the outcomes of elections.

Election in Nigeria is an enterprise. There must be return on investment for the enterprise to go on. Sometime at the beginning of the tenure of this administration, the President was at an event outside the country, and when he was asked by one of the participants what plans he had for the Niger Delta, his response in essence was that he planned to focus his energy on the areas where the citizens gave him their votes. It is not only the moneybags that invest in elections. The ordinary people invest with their votes. For the moneybags, the return on investment comes in the form of political appointments for them or their chosen representatives; operating licences in lucrative sectors for their businesses; and juicy government contracts.

For those who only have their thumbprints to give, they can hope for appointments of their worthy sons into positions of power. Through those worthy sons they hope to see the crumbs of the national cake by queuing up at the gates of these worthy sons in hopes that crumbs of school fees, hospital bills, chop money and general maintenance will fall from the table of their son who is where he is because of their votes. The Election Enterprise is all about self. There is little or no consideration for the larger Nigerian Enterprise. If you have to sell all that you have and be indebted to some moneybag for the opportunity to run for elected office, the first thing on your mind when you get into office is the return on investment (RoI) for you and your benefactor.

In a 2009 Briefing Paper published by Improving Institutions for pro-poor Growth (iiG) the key results of a study on campaign finance in Nigeria conducted by researchers at the University of Ibadan and the Centre for the Study of African Economies (CSAE), University of Oxford revealed that:

“Candidates invest large amounts of their private savings to contend in the elections. This means that only individuals willing to invest large amounts of money become candidates.

“Money distorts the candidate selection process within the parties and largely influences who wins the elections.

“Electoral laws governing how parties should secure and spend their funds are ineffective as there is a lack of knowledge about them. As a result such laws have limited enforceability.”

I always say that the problem of Nigeria is not the lack of laws but the lack of enforcement of existing laws. The Electoral Act 2010 (as amended) provides for limitations on campaign funding. Section 88 of the Act prohibits a political party from having funds or assets outside Nigeria, or receiving funds from outside Nigeria. Section 89 of the Act provides that annual statement of assets and liabilities be filed with the Independent National Electoral Commission (INEC) along with audited financial accounts. The Act gives the commission the power to limit contributions to a political party and election expenses.

Election expenses for a presidential candidate, for instance, should not exceed N1, 000,000,000.00 (one billion naira). For a governorship candidate, the limit is N200, 000,000 (two hundred million) and for senatorial and house of representatives candidates, the limits are N40, 000,000 (forty million) and N20, 000, 000 (twenty million) respectively. Section 91(9) of the Act prohibits individuals and other entities from donating more that N1, 000,000 (one million) to any candidate. Anonymous gifts are also prohibited. Every political party is to file their statement of expenses with INEC within six months after an election, and publish same in at least two national newspapers. The penalty of exceeding the limit is a maximum fine of N1, 000, 000 and forfeiture of the excess. I do not need a soothsayer to tell me that even the major political parties flout these provisions and the INEC turns a blind eye. In addition to the Electoral Act, the Companies and Allied Matters Act also prohibits companies from giving funds to political parties.

Until we take seriously the letter of the law and scrutinise the “Committee of Friends” and “Concerned Indigenes in the Diaspora”, and the vehicles the moneybags use to disguise themselves, they will continue to rule the day. Independents and non-major party candidates cannot match the type of spending that goes into bribes and other inducements, aka stomach infrastructure, that the candidates of major parties engage in. When election campaigns begin, the money taps begin to flow. The gushing money taps get the most patronage. The trickling money taps barely get a second glance.

Until we care enough in the Nigerian Enterprise to invest in public interest litigation to enforce some of our laws, I am afraid that laws such as the NTYTRA will make little impact in changing the political landscape. But they say, the journey of a thousand miles begins with the first step. We are on our way; this is the first step.

Previous Post

2019: I’m on a mission to rescue Imo State – Nick Oparandudu, APGA guber aspirant

Next Post

Democracy and the Autonomy Law – Thisday

Related Posts

FAAC shares N2.09tr to FG, states, local councils as October revenue
Public Affairs

FAAC bonanza: Nigeria’s fiscal paradox – Punch

September 3 2026
Interstate highways of agony, hollow excuses – Punch
Public Affairs

Interstate highways of agony, hollow excuses – Punch

September 1 2026
Mass presence of governors in off-cycle elections – Punch
Public Affairs

Mass presence of governors in off-cycle elections – Punch

August 27 2026
Clerics must preach peace, not division – Punch
Public Affairs

Clerics must preach peace, not division – Punch

August 25 2026
Tax reform: Northern senators in closed-door meeting as bill scales second reading
Public Affairs

Tax reform must end multiple taxation – Punch

August 24 2026
BREAKING: Kidnapped Oyo pupils, teachers regain freedom
Public Affairs

Terror victims deserve care – Punch

August 21 2026
Next Post
Democracy and the Autonomy Law – Thisday

Democracy and the Autonomy Law - Thisday

Dan-Ali’s call on grazing laws - Tribune

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

Umahi’s son wins Ohaozara chairmanship as APC sweeps all Ebonyi LGAs

Umahi’s son wins Ohaozara chairmanship as APC sweeps all Ebonyi LGAs

by The Editor
August 24 2026
0

...

APPOINTMENTS

Tinubu swears in Enitan as new Head of Service

Tinubu swears in Enitan as new Head of Service

by The Editor
August 28 2026
0

...

Tinubu names new Head of Service

Tinubu names new Head of Service

by The Editor
August 19 2026
0

...

Sahara Upstream positions Arahas and SGIR for next growth phase, deepens investment in African oilfield services

Sahara Upstream positions Arahas and SGIR for next growth phase, deepens investment in African oilfield services

by The Editor
August 8 2026
0

...

Police IG deploys new CPs to eight states, other formations

Police IG deploys new CPs to eight states, other formations

by The Editor
August 7 2026
0

...

ODDITIES

Palliatives: Sokoto residents feared dead in stampede at Wammako’s residence

Police Inspector slumps, dies after fitness exercise

by The Editor
September 3 2026
0

How friend deceived me to sell my kidney, bought phones with payment — Victim

How friend deceived me to sell my kidney, bought phones with payment — Victim

by The Editor
August 30 2026
0

Umahi files N2.5b defamation lawsuit against bloggers

Umahi files N2.5b defamation lawsuit against bloggers

by The Editor
August 26 2026
0

GLOBAL NEWS

Iran President thanks Putin for Russia’s stance in war with US

Iran President thanks Putin for Russia’s stance in war with US

by The Editor
September 1 2026
0

...

Saudi Arabia halts multiple visas for Nigeria, 13 others as U.S. suspends visa dropbox

US outlines two family visa options for permanent residence

by The Editor
September 1 2026
0

...

US Army Secretary submits resignation

US Army Secretary submits resignation

by The Editor
September 1 2026
0

...

Russia helps Niger Republic junta to retake military base

Russia helps Niger Republic junta to retake military base

by The Editor
August 30 2026
0

...

WHO declares global health emergency over Ebola outbreak in Congo, Uganda

WHO confirms Uganda Ebola-free, as virus continues spread in DRC

by The Editor
August 28 2026
0

...

State of the States

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

by The Editor
September 2 2026
0

...

Gov. Mutfwang convenes security council over Plateau attacks

Gov. Mutfwang convenes security council over Plateau attacks

by The Editor
September 2 2026
0

...

Enugu govt gets commendation for successful hosting of 2nd City Marathon

Enugu govt gets commendation for successful hosting of 2nd City Marathon

by The Editor
September 1 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Police slam treasonable felony charge on Katsina man for destroying Tinubu’s billboards

Police slam treasonable felony charge on Katsina man for destroying Tinubu’s billboards

September 3 2026
INEC to conduct mock presidential election

INEC to conduct mock presidential election

September 3 2026
Palliatives: Sokoto residents feared dead in stampede at Wammako’s residence

Police Inspector slumps, dies after fitness exercise

September 3 2026
FAAC shares N2.09tr to FG, states, local councils as October revenue

FAAC bonanza: Nigeria’s fiscal paradox – Punch

September 3 2026

EDITORIAL REVIEW

FAAC shares N2.09tr to FG, states, local councils as October revenue

FAAC bonanza: Nigeria’s fiscal paradox – Punch

by The Editor
September 3 2026
0

Interstate highways of agony, hollow excuses – Punch

Interstate highways of agony, hollow excuses – Punch

by The Editor
September 1 2026
0

Mass presence of governors in off-cycle elections – Punch

Mass presence of governors in off-cycle elections – Punch

by The Editor
August 27 2026
0

Clerics must preach peace, not division – Punch

Clerics must preach peace, not division – Punch

by The Editor
August 25 2026
0

Tax reform: Northern senators in closed-door meeting as bill scales second reading

Tax reform must end multiple taxation – Punch

by The Editor
August 24 2026
0

Opinion

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Fake agencies: Why Nigeria still needs Oronsaye report

by The Editor
August 25 2026
0

...

How Adeleke danced back from the dead

How Adeleke danced back from the dead

by The Editor
August 19 2026
0

...

Adeleke’s win and the cost of winning at all costs

Adeleke’s win and the cost of winning at all costs

by The Editor
August 18 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.