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The auctioning of democracy, godfathers, stolen wealth, and citizens are silent in Nigeria’s billion-naira nomination circus

Daily Intel Newspaper by Daily Intel Newspaper
May 18, 2026
In less than 4 years of the administration: ₦179 billion for presidential jets, maintenance, and new fleet, yet insecurity persists, government priorities in question
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By Daniel Nduka Okonkwo

In Nigeria today, the grotesque spectacle of politics has become a theatre of wealth without accountability. Public officials who once lived on modest government salaries now flaunt fortunes that even ten years of unspent wages could never accumulate. Campaign financing laws, riddled with loopholes and weakened by toothless enforcement, have transformed elections into auctions where only the highest bidders, often bankrolled by godfathers, syndicates, or diverted public funds, can participate. Nomination forms priced at levels that defy logic are purchased with alarming ease, while ordinary Nigerians remain silent, numbed by decades of corruption, hardship, and the struggle for survival.

It is the duty of every well-meaning Nigerian to castigate these officials and ask loudly and persistently: how can a man whose legitimate salary cannot afford a party nomination form in ten years suddenly purchase one overnight? Why are Nigerians not demanding answers or tearing down the veil of deceit that cloaks their democracy? Citizens should rise to challenge this charade, the cycle of impunity will continue, and the nation’s future will remain mortgaged to the greed of a privileged few.

In Nigeria, democracy is increasingly becoming a luxury reserved for the wealthy, politically connected, and financially compromised. The soaring cost of political nomination forms imposed by major political parties has sparked outrage among civil society organizations, human rights advocates, and ordinary citizens who argue that the system has effectively commercialized political participation while excluding competent and honest Nigerians from governance.

The ruling All Progressives Congress (APC), alongside other major parties, has, in recent election cycles, fixed presidential expression of interest and nomination forms at approximately ₦100 million. In a country where the national minimum wage hovers around ₦70,000 monthly, critics describe the development as not merely insensitive, but structurally corrupt.

For many Nigerians, the numbers simply do not add up, the cost of purchasing a single presidential nomination form exceeds the cumulative legitimate earnings of many public officials over several years in office. It is argued that an honest civil servant, career academic, entrepreneur, or professional without access to illicit wealth or political sponsorship would find it nearly impossible to raise such staggering sums legally.

Human rights advocates and democracy-focused organizations, including the Centre for Democracy and Development (CDD) Profiles International Human Rights Advocate, have repeatedly warned that the monetization of electoral participation fuels systemic corruption. Politicians who expend enormous sums merely to secure party tickets often enter office under immense pressure to recover their “investment” through inflated contracts, diversion of public resources, abuse of office, and patronage politics.

The implication is devastating: politics gradually transforms from public service into a high-risk commercial enterprise.

The nomination fees have created a political environment that automatically excludes young Nigerians, women, grassroots activists, reform-minded professionals, and average citizens from contesting for office. The process effectively hands political control to wealthy elites and influential godfathers capable of financing candidates in exchange for future political influence and access to state patronage.

This has entrenched a dangerous cycle in which public offices become repayment mechanisms for political debts rather than platforms for governance and national development.

The issue becomes even more controversial when compared with the official earnings of Nigerian public office holders.

The President’s official monthly earnings stand at approximately ₦1.17 million in salary. The Vice President receives roughly ₦1.01 million monthly, while state governors take home a disclosed minimum of ₦648,580 per month, with additional allowances unpublished. Senators earn about ₦1.06 million monthly in total, though their basic salary alone is only ₦168,867 — the bulk being made up of constituency and other allowances.

A critical transparency gap underlies all these figures: the most recent RMAFC remuneration document publicly available was drafted between 2007 and 2009. A 114% salary increase recommended by the Commission in 2023 was never enacted, leaving Nigeria operating on a two-decade-old pay structure, one that is poorly understood by the public and inconsistently reported by the media.

However, the reality of political earnings extends far beyond official salaries.

Allowances such as constituency allocations, hardship benefits, accommodation packages, estacodes, leave grants, wardrobe allowances, and unofficial running costs significantly inflate actual take-home earnings. Former lawmakers and political insiders have repeatedly suggested that some legislators receive monthly packages running into tens of millions of naira when all benefits are included.

Yet, despite these inflated earnings, many Nigerians still question how candidates legally generate the hundreds of millions of naira required for party nomination forms, campaign logistics, political mobilization, and delegate inducements.

The source of political financing in Nigeria remains one of the country’s biggest untold scandals. Many candidates do not personally finance their political ambitions. Instead, they allegedly rely on wealthy political sponsors, contractors, business syndicates, and entrenched political financiers who invest heavily in candidates with expectations of future rewards once power is secured. Officials may periodically reclaim resources previously allocated to allies, consolidating them for reallocation toward emergent fiscal priorities. This reflects a cyclical process of distribution and retrieval within governance structures

These rewards often come in the form of inflated government contracts, strategic appointments, access to state resources, policy manipulation, and protection from investigation.

This dangerous relationship between money and politics weakens democratic institutions while strengthening corruption networks.

Civil society observers have repeatedly questioned why anti-corruption agencies rarely conduct aggressive financial scrutiny into how politicians acquire enormous sums for nomination forms and campaign spending.

Nigeria’s electoral financing system is also criticized for lacking transparency and effective enforcement mechanisms.

The Independent National Electoral Commission (INEC) has spending limits and disclosure requirements on paper, but enforcement remains weak. Political actors frequently bypass financial regulations through cash transactions, proxy donations, undeclared sponsorships, and informal funding channels that are almost impossible to trace.

INEC lacks sufficient prosecutorial powers to independently investigate and punish complex electoral financial crimes, often depending on collaboration with agencies such as the Economic and Financial Crimes Commission (EFCC).

Disclosure reports are frequently submitted retroactively and manually, creating opportunities for manipulation, concealment of illicit funding, and falsification of financial records.

Billions of naira circulate within Nigeria’s political system through opaque networks that evade meaningful oversight.

After decades of repeated scandals, economic hardship, and political disappointment, many Nigerians appear increasingly resigned to the status quo. Analysts say survival pressures, unemployment, inflation, insecurity, and distrust in institutions have weakened public resistance against political corruption.

For younger Nigerians especially, the message appears clear: leadership is not necessarily earned through competence, integrity, or vision, but increasingly through wealth, sponsorship, and political connections.

Democracy advocates warn that unless meaningful electoral financing reforms are introduced, Nigeria risks further institutionalizing a system where public office is effectively auctioned to the highest bidder.

These consequences, they argue, go far beyond politics. They affect governance quality, public trust, national development, anti-corruption efforts, and ultimately the survival of democratic accountability itself.

In the eyes of many Nigerians, the central question remains painfully unresolved

How can a country genuinely fight corruption while simultaneously operating a political system that appears designed to reward the corrupt?

Daniel Nduka Okonkwo is a Nigerian investigative journalist, publisher of Profiles International Human Rights Advocate, and a policy analyst whose work focuses on governance, institutional accountability, and political power. He is also a human rights activist and advocate, with a strong commitment to justice and transparency.

His reporting and analysis have been featured in Sahara Reporters, African Defence Forum, Daily Intel Newspapers, Opinion Nigeria, African Angle, NewsBreak (local.newsbreak.com), Vanguard Newspaper, IgbereTV, Daily Trust Newspapers, and other international media platforms.

He writes from Nigeria and can be reached at dan.okonkwo.73@gmail.com.

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BREAKING: One of the Oyo abducted teacher have been beheaded by bandits

BREAKING: One of the Oyo abducted teacher have been beheaded by bandits

May 18, 2026
In less than 4 years of the administration: ₦179 billion for presidential jets, maintenance, and new fleet, yet insecurity persists, government priorities in question

The auctioning of democracy, godfathers, stolen wealth, and citizens are silent in Nigeria’s billion-naira nomination circus

May 18, 2026
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