• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Nigeria: I’d Dialogue With Agitators As President, Not Bandits - Peter Obi

Money Politics Thwarting Hopes And Aspirations Of Nigeria – Peter Obi

3 years ago
Kaduna

Nigeria: Senate Pushes For Inclusion Of Mental Health Education In School Curriculum

3 hours ago
New Body To Promote International Dispute Resolution Launches In China

New Body To Promote International Dispute Resolution Launches In China

4 hours ago
Zimbabwe: Governing Party Plans 2 Years Extension Of President’s Term

IMF Projects Zimbabwe As Southern Africa’s Best-Performing Economy In 2025

5 hours ago
MWC Kigali
Uganda: Commission Fixes January 15 As General Election Day

Uganda: Commission Fixes January 15 As General Election Day

5 hours ago
Madagascar: Gen-Z Protesters Reject Coup Leader’s Choice Of Prime Minister

Madagascar: Gen-Z Protesters Reject Coup Leader’s Choice Of Prime Minister

7 hours ago
Wednesday, October 22, 2025
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Uganda: Commission Fixes January 15 As General Election Day

    Uganda: Commission Fixes January 15 As General Election Day

    Madagascar: Gen-Z Protesters Reject Coup Leader’s Choice Of Prime Minister

    Madagascar: Gen-Z Protesters Reject Coup Leader’s Choice Of Prime Minister

    Cameroon: Opposition Rejects Official Results That Put Biya Ahead

    Cameroon: Opposition Rejects Official Results That Put Biya Ahead

    Zimbabwe: Governing Party Plans 2 Years Extension Of President’s Term

    Zimbabwe: Governing Party Plans 2 Years Extension Of President’s Term

    Ivory Coast Polls: Incumbent Ouattara, Opposition Candidate Promise Hope To Young People

    Ivory Coast Polls: Incumbent Ouattara, Opposition Candidate Promise Hope To Young People

    Nigeria: Top Military Officials Allegedly Detained Over Coup Plot

    Nigeria: Top Military Officials Allegedly Detained Over Coup Plot

    Madagascar: Coup Leader Vows To Strengthen National Unity At Swearing-In

    Madagascar: Coup Leader Vows To Strengthen National Unity At Swearing-In

    Nigeria: Senate Confirms Professor Of Law As Electoral Commission Chairman

    Nigeria: Senate Confirms Professor Of Law As Electoral Commission Chairman

    Madagascar: My Swearing-In Happening Soon — Coup Leader

    Madagascar: My Swearing-In Happening Soon — Coup Leader

  • Economy
    Zimbabwe: Governing Party Plans 2 Years Extension Of President’s Term

    IMF Projects Zimbabwe As Southern Africa’s Best-Performing Economy In 2025

    MWC25 Kigali: Kagame Urges Bold Reforms To Build A Connected, Competitive Africa 

    MWC25 Kigali: Kagame Urges Bold Reforms To Build A Connected, Competitive Africa 

    US-China Trade Dispute A Threat To Global Economic Output, WTO Warns

    US-China Trade Dispute A Threat To Global Economic Output, WTO Warns

    Morocco: Govt Raises Health, Education Budget To $15 Billion

    Morocco: Govt Raises Health, Education Budget To $15 Billion

    Ghana On Track To Exit IMF Programme In 2026 – BoG Governor

    Ghana On Track To Exit IMF Programme In 2026 – BoG Governor

    IMF

    Nigeria Missing From IMF’s List Of Africa’s Fastest-Growing Economies

    Ghana Signs Landmark Agreement To Export Nurses To Grenada

    Ghana Signs Landmark Agreement To Export Nurses To Grenada

    Zimbabwe: Zanu-PF Plans Mnangagwa’s Tenure Extension

    Zimbabwe: IMF Commends Economic Progress, But Rules Out Fresh Borrowing

    Nigeria Emerges G-24 Chair, Assures Global Economic Equity, Stability

    Nigeria Emerges G-24 Chair, Assures Global Economic Equity, Stability

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Uganda: Commission Fixes January 15 As General Election Day

    Uganda: Commission Fixes January 15 As General Election Day

    Madagascar: Gen-Z Protesters Reject Coup Leader’s Choice Of Prime Minister

    Madagascar: Gen-Z Protesters Reject Coup Leader’s Choice Of Prime Minister

    Cameroon: Opposition Rejects Official Results That Put Biya Ahead

    Cameroon: Opposition Rejects Official Results That Put Biya Ahead

    Zimbabwe: Governing Party Plans 2 Years Extension Of President’s Term

    Zimbabwe: Governing Party Plans 2 Years Extension Of President’s Term

    Ivory Coast Polls: Incumbent Ouattara, Opposition Candidate Promise Hope To Young People

    Ivory Coast Polls: Incumbent Ouattara, Opposition Candidate Promise Hope To Young People

    Nigeria: Top Military Officials Allegedly Detained Over Coup Plot

    Nigeria: Top Military Officials Allegedly Detained Over Coup Plot

    Madagascar: Coup Leader Vows To Strengthen National Unity At Swearing-In

    Madagascar: Coup Leader Vows To Strengthen National Unity At Swearing-In

    Nigeria: Senate Confirms Professor Of Law As Electoral Commission Chairman

    Nigeria: Senate Confirms Professor Of Law As Electoral Commission Chairman

    Madagascar: My Swearing-In Happening Soon — Coup Leader

    Madagascar: My Swearing-In Happening Soon — Coup Leader

  • Economy
    Zimbabwe: Governing Party Plans 2 Years Extension Of President’s Term

    IMF Projects Zimbabwe As Southern Africa’s Best-Performing Economy In 2025

    MWC25 Kigali: Kagame Urges Bold Reforms To Build A Connected, Competitive Africa 

    MWC25 Kigali: Kagame Urges Bold Reforms To Build A Connected, Competitive Africa 

    US-China Trade Dispute A Threat To Global Economic Output, WTO Warns

    US-China Trade Dispute A Threat To Global Economic Output, WTO Warns

    Morocco: Govt Raises Health, Education Budget To $15 Billion

    Morocco: Govt Raises Health, Education Budget To $15 Billion

    Ghana On Track To Exit IMF Programme In 2026 – BoG Governor

    Ghana On Track To Exit IMF Programme In 2026 – BoG Governor

    IMF

    Nigeria Missing From IMF’s List Of Africa’s Fastest-Growing Economies

    Ghana Signs Landmark Agreement To Export Nurses To Grenada

    Ghana Signs Landmark Agreement To Export Nurses To Grenada

    Zimbabwe: Zanu-PF Plans Mnangagwa’s Tenure Extension

    Zimbabwe: IMF Commends Economic Progress, But Rules Out Fresh Borrowing

    Nigeria Emerges G-24 Chair, Assures Global Economic Equity, Stability

    Nigeria Emerges G-24 Chair, Assures Global Economic Equity, Stability

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

Money Politics Thwarting Hopes And Aspirations Of Nigeria – Peter Obi

“...Nowhere in the world has politics become more extravagant than it has been in Nigeria.”

May 17, 2022
in Politics, Top Stories
0
Nigeria: I’d Dialogue With Agitators As President, Not Bandits - Peter Obi

Labour Party (LP) presidential candidate, Peter Obi.

0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By John Ikani 

Frontline presidential aspirant and former Governor of Anambra State, Peter Obi has decried the transactional nature of politics in Nigeria, stressing that there was need for swift paradigm shift.

Relatedreading

Nigeria: Senate Pushes For Inclusion Of Mental Health Education In School Curriculum

New Body To Promote International Dispute Resolution Launches In China

Speaking during an interview on Arise TV on Tuesday, the presidential hopeful lamented that politicians in Nigeria have blighted the hopes and aspirations of the country through their needless monetization of politics.

MWC Kigali MWC Kigali MWC Kigali
ADVERTISEMENT

The former Governor who is contesting for the presidential ticket of the opposition Peoples Democratic Party (PDP), stressed that “nowhere in the world has politics become more extravagant than it has been in Nigeria,” added that the situation has become worrisome and must not continue.

According to him: “In the course of my tour of states of the Federation to woo delegates and leaders ahead of the primaries, I discovered that a lot of things are wrong with our politics.

“It is no argument to understand that no country can survive in the way of Nigeria’s politics. Our politics remains merely transactional. Currency is the measure of faith and trust in the country. Our politicians abandon our currency and switch to dollars. Politicians without legitimate sources of income delight in spending money extravagantly. This can never happen in any rational country of the world.

“In Nigeria we are concerned about spending. Where we cannot pay gratuities, salaries and others. Our kids are out of schools. We don’t bother. Despite the fact that there are lots of crises in the country, politicians have money to share. The more I travelled to each of the states, the more worried I became. This cannot continue.”

What you should know

Concerned young Nigerians have long been at the frontlines of kicking against the entrenchment of money politics by Nigerian elites, a development which among many things, imposes setback for the younger generation in the country’s political sphere to wrestle power from old money bags whose ineptitude and consequent leadership deficit is one of the factors preventing Nigeria from achieving sustainable economic growth and development as well as attaining its full potential.

In October 2021 anti-corruption crusader and founder of Follow The Money, Hamzat Lawal observed that youths are thriving in every sector of human endeavour, except in Nigerian politics and highlighted the significance of money as a crucial fuel for the journey to their attainment of political aspirations.

According to him: “To run for State Assembly one needs about 70 million Naira.

“To become a Federal Lawmaker – that is House of Representatives – costs about 200 million Naira. To vie for the position of a Senator one need 5 billion on an average. Also, to run for the position of State Governor, you need to spend 10-15 on the billion.

Although some of the figures do not tally with Heritage Times findings on current political realities, especially on monies spent in the 2015 and 2019 elections, Lawal added that: “Ultimately, to become President requires expenditure of about 20-30 billion Naira”.

“You must spend a lot of money and this is the research Follow The Money has done,” he lamented.

Tags: All Progressives Congress (APC)Arise TVbreakingFollow The MoneyHamzat LawalHeritageheritage timesheritagetimesmedialatestnewsPeoples Democratic Party (PDP)Peter Obithe heritage timesthtthtafricatop stories
ShareTweetSend
Previous Post

Updated: At Least Four Dead After Blast Near School In Kano

Next Post

AfDB President, Adesina Rules Self Out Of Nigeria’s Presidential Race

Related Posts

Kaduna

Nigeria: Senate Pushes For Inclusion Of Mental Health Education In School Curriculum

October 21, 2025
New Body To Promote International Dispute Resolution Launches In China

New Body To Promote International Dispute Resolution Launches In China

October 21, 2025

IMF Projects Zimbabwe As Southern Africa’s Best-Performing Economy In 2025

Uganda: Commission Fixes January 15 As General Election Day

Madagascar: Gen-Z Protesters Reject Coup Leader’s Choice Of Prime Minister

MWC25 Kigali: Kagame Urges Bold Reforms To Build A Connected, Competitive Africa 

Next Post
AfDB Urges Bold Reforms As Nigeria's Economic Decline Deepens

AfDB President, Adesina Rules Self Out Of Nigeria's Presidential Race

Please login to join discussion
MWC Kigali MWC Kigali MWC Kigali
AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Kaduna

Nigeria: Senate Pushes For Inclusion Of Mental Health Education In School Curriculum

October 21, 2025
New Body To Promote International Dispute Resolution Launches In China

New Body To Promote International Dispute Resolution Launches In China

October 21, 2025
Zimbabwe: Governing Party Plans 2 Years Extension Of President’s Term

IMF Projects Zimbabwe As Southern Africa’s Best-Performing Economy In 2025

October 21, 2025
Uganda: Commission Fixes January 15 As General Election Day

Uganda: Commission Fixes January 15 As General Election Day

October 21, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

Nigeria: Senate Pushes For Inclusion Of Mental Health Education In School Curriculum

October 21, 2025

New Body To Promote International Dispute Resolution Launches In China

October 21, 2025

IMF Projects Zimbabwe As Southern Africa’s Best-Performing Economy In 2025

October 21, 2025

Uganda: Commission Fixes January 15 As General Election Day

October 21, 2025

Madagascar: Gen-Z Protesters Reject Coup Leader’s Choice Of Prime Minister

October 21, 2025

MWC25 Kigali: Kagame Urges Bold Reforms To Build A Connected, Competitive Africa 

October 21, 2025

Rwanda Gets $17.5m To Power Africa’s First AI Hub

October 21, 2025

US-China Trade Dispute A Threat To Global Economic Output, WTO Warns

October 20, 2025

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Nadine Djuiko: Meet The Cameroonian Woman Behind Maryland’s Million-Dollar Braiding Empire

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In