• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Nigeria @61: Money Politics Entrenched By Nigerian Elites – Young Nigerians

Nigeria @61: Money Politics Entrenched By Nigerian Elites – Young Nigerians

5 years ago
Trump’s New Ambassador Arrives South Africa Amid Frosty Relations

South Africa Accepts Credentials Of Trump’s Diplomat

6 hours ago
IMF

Rising Oil Prices May Push Nigeria’s Inflation Higher – World Bank

9 hours ago
Oil Price Plummets Below $100 After Trump’s Announcement Of Ceasefire Extension

Oil Price Plummets Below $100 After Trump’s Announcement Of Ceasefire Extension

10 hours ago
Tanzania Grants Approval For Construction Of Controversial $3.5 Billion Crude Oil Pipeline

Fuel Crisis: Tanzania’s President Cuts Convoy, Directs Officials To Travel by Bus

12 hours ago
Benin: Presidential Poll Holds Sunday As 49-Year-Old Finance Minister Seeks Mandate

Benin: Presidential Poll Holds Sunday As 49-Year-Old Finance Minister Seeks Mandate

13 hours ago
Thursday, April 9, 2026
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Trump’s New Ambassador Arrives South Africa Amid Frosty Relations

    South Africa Accepts Credentials Of Trump’s Diplomat

    Benin: Presidential Poll Holds Sunday As 49-Year-Old Finance Minister Seeks Mandate

    Benin: Presidential Poll Holds Sunday As 49-Year-Old Finance Minister Seeks Mandate

    Cameroon: President Biya Appoints Son As Vice President

    Cameroon: President Biya Appoints Son As Vice President

    Cameroon: Opposition Kicks As 92-Year-Old Biya Says He’ll Seek 8th Presidential Term

    Cameroon: Parliament Considers Bill To Create Vice President’s Office

    Military Leader Says Burkina Faso Must “Forget” Democracy

    Military Leader Says Burkina Faso Must “Forget” Democracy

    CAR: President Touadéra Sworn-In For Third Term After Disputed Polls

    CAR: President Touadéra Sworn-In For Third Term After Disputed Polls

    Norway Police File Charges Over Oil Bribery Involving Congo Republic President’s Family

    Congo: Constitutional Court Upholds Election Of 82-Year-Old N’Guesso For Fifth Term

    Senegal Says Ex-President Sall Has No Home Support For UNSG Candidacy

    Senegal Says Ex-President Sall Has No Home Support For UNSG Candidacy

    South Africa Dropped From G7 Summit Invitation Amid US Pressure

    South Africa Dropped From G7 Summit Invitation Amid US Pressure

  • Economy
    Zimbabwe: Central Bank Introduces New Banknotes To Stabilise Financial System

    Zimbabwe: Central Bank Introduces New Banknotes To Stabilise Financial System

    Afreximbank Approves $10bn Facility To Shield African Trade From Gulf Crisis

    Afreximbank Approves $10bn Facility To Shield African Trade From Gulf Crisis

    HT Exclusive: Mozambique’s Full IMF Loan Repayment: Statement Of Sovereignty And Lesson For Africa

    HT Exclusive: Mozambique’s Full IMF Loan Repayment: Statement Of Sovereignty And Lesson For Africa

    Kenya: Top Energy Officials Resign As Probe Into Alleged Fraud Commences

    Kenya: Top Energy Officials Resign As Probe Into Alleged Fraud Commences

    Mozambique Clears IMF Loan Before Due Date

    Mozambique Clears IMF Loan Before Due Date

    UK: Mortgage Shock Looms As 1.8m Borrowers Face Sharp Repayment Surge In 2026

    UK: Mortgage Shock Looms As 1.8m Borrowers Face Sharp Repayment Surge In 2026

    Kenya: Eight Million Kilograms Of Tea Trapped As Iran War Hits Export

    Kenya: Eight Million Kilograms Of Tea Trapped As Iran War Hits Export

    First Oil Vessel Arrives Cuba Since Beginning Of 2026 Amid Energy Crisis

    First Oil Vessel Arrives Cuba Since Beginning Of 2026 Amid Energy Crisis

    UK: Thousands Of Jobs Under Threat As Starmer Mulls Scrapping NHS

    UK To Host 35-Nation Coalition Talks On Reopening Strait Of Hormuz

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Trump’s New Ambassador Arrives South Africa Amid Frosty Relations

    South Africa Accepts Credentials Of Trump’s Diplomat

    Benin: Presidential Poll Holds Sunday As 49-Year-Old Finance Minister Seeks Mandate

    Benin: Presidential Poll Holds Sunday As 49-Year-Old Finance Minister Seeks Mandate

    Cameroon: President Biya Appoints Son As Vice President

    Cameroon: President Biya Appoints Son As Vice President

    Cameroon: Opposition Kicks As 92-Year-Old Biya Says He’ll Seek 8th Presidential Term

    Cameroon: Parliament Considers Bill To Create Vice President’s Office

    Military Leader Says Burkina Faso Must “Forget” Democracy

    Military Leader Says Burkina Faso Must “Forget” Democracy

    CAR: President Touadéra Sworn-In For Third Term After Disputed Polls

    CAR: President Touadéra Sworn-In For Third Term After Disputed Polls

    Norway Police File Charges Over Oil Bribery Involving Congo Republic President’s Family

    Congo: Constitutional Court Upholds Election Of 82-Year-Old N’Guesso For Fifth Term

    Senegal Says Ex-President Sall Has No Home Support For UNSG Candidacy

    Senegal Says Ex-President Sall Has No Home Support For UNSG Candidacy

    South Africa Dropped From G7 Summit Invitation Amid US Pressure

    South Africa Dropped From G7 Summit Invitation Amid US Pressure

  • Economy
    Zimbabwe: Central Bank Introduces New Banknotes To Stabilise Financial System

    Zimbabwe: Central Bank Introduces New Banknotes To Stabilise Financial System

    Afreximbank Approves $10bn Facility To Shield African Trade From Gulf Crisis

    Afreximbank Approves $10bn Facility To Shield African Trade From Gulf Crisis

    HT Exclusive: Mozambique’s Full IMF Loan Repayment: Statement Of Sovereignty And Lesson For Africa

    HT Exclusive: Mozambique’s Full IMF Loan Repayment: Statement Of Sovereignty And Lesson For Africa

    Kenya: Top Energy Officials Resign As Probe Into Alleged Fraud Commences

    Kenya: Top Energy Officials Resign As Probe Into Alleged Fraud Commences

    Mozambique Clears IMF Loan Before Due Date

    Mozambique Clears IMF Loan Before Due Date

    UK: Mortgage Shock Looms As 1.8m Borrowers Face Sharp Repayment Surge In 2026

    UK: Mortgage Shock Looms As 1.8m Borrowers Face Sharp Repayment Surge In 2026

    Kenya: Eight Million Kilograms Of Tea Trapped As Iran War Hits Export

    Kenya: Eight Million Kilograms Of Tea Trapped As Iran War Hits Export

    First Oil Vessel Arrives Cuba Since Beginning Of 2026 Amid Energy Crisis

    First Oil Vessel Arrives Cuba Since Beginning Of 2026 Amid Energy Crisis

    UK: Thousands Of Jobs Under Threat As Starmer Mulls Scrapping NHS

    UK To Host 35-Nation Coalition Talks On Reopening Strait Of Hormuz

  • 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

Nigeria @61: Money Politics Entrenched By Nigerian Elites – Young Nigerians

October 2, 2021
in Politics, Top Stories
0
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

 

By John Ikani and Emmanuel Nduka

Relatedreading

South Africa Accepts Credentials Of Trump’s Diplomat

Rising Oil Prices May Push Nigeria’s Inflation Higher – World Bank

Concerned young Nigerians have observed that a major setback for the younger generation in the country’s political sphere is the cost of running for political office which now favours the Nigerian elites.

The observation was championed by anti-corruption crusader, Hamzat Lawal while speaking on Channels Television Young People Conversation with the theme: ‘Nigeria At 61: A Young Peoples Conversation on The Leadership Question’.

Lawal who is the founder of Follow The Money – an initiative of Connected Development [CODE] – 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.

Lawal also expressed worry that Nigeria has now become a two-party state, adding that if at least 90 percent voter turnout is recorded in 2023, the outcome will be different and would reflect the minds of electorates.

He however urged youths to support young people in political parties and generate solution-driven ideas that would help fix Nigeria.

“The world is led by ideas. Right now what we need in Nigeria are solution driven ideas. And young people have the solutions.

“So it’s for us to start talking to our peers in the political parties. Support and ask them how can we penetrate while we bring power from outside and talk to power from inside,” he said.

Similarly, Sijibomi Ogundele, Founder of Sujimoto Properties and popular Nollywood Actress, Kate Henshaw also lent their voices to the call for young people to take over the mantle of leadership from the older generation.

“It is not a sprint, it is a marathon,” Ogundele said. “It’s not impossible, but I don’t see it in 2023,” Henshaw added.

Sponsor of the ‘Not Too Young To Run Bill’, Hon. Tony Nwulu knocked electorates who go to the polls expecting to get money from politicians before they vote. He warned that if they do not desist from such acts, “thunder will fire them”. “We are at a stage where we need fixers to come and fix Nigeria,” he posited.

What you should know

Nigeria is the most populous country in Africa with one of the largest youth populations in the world.

People aged 60 years and older represent a small part of the nation’s population and are ironically constituents of the ruling class.

Their 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.

Where do the young ones belong in the political scheme of things?

In April 2018 Nigeria’s National Assembly resolved to transmit the Not Too Young To Run Bill to the President.

The bill seeking to reduce age qualification for political offices was signed into law in May 2018 by President Muhammadu Buhari.

However Nigerian youths are yet to take advantage of the ‘Not too young to run’ law because partisan politics is too expensive and there is power inequity.

According to BudgIT co-founder, Seun Onigninde: “Our route to public office has been heavily monetised and has been taken out of the reach of decent working people. So, even if you want to run for office, you count the cost, you want to drop all your life savings to contest an election you are not sure of winning?“

Similarly in 2018, a former Presidential Aide, Reno Omokri suggested that Nigeria needs a #NotTooPoorToRun bill to discourage money politics in the country.

He wondered how many Nigerians, without corruption, can afford the nomination form fees set by many parties.

 

Tags: CODEFollow The MoneyHamzat LawalKate HenshawNigeria@61Sujimoto Properties
ShareTweetSend
Previous Post

NARD Strike: The Biting Effects On Preterm Babies

Next Post

Belgium Manager Roberto Martinez Open To Barcelona Job

Related Posts

Trump’s New Ambassador Arrives South Africa Amid Frosty Relations

South Africa Accepts Credentials Of Trump’s Diplomat

April 8, 2026
IMF

Rising Oil Prices May Push Nigeria’s Inflation Higher – World Bank

April 8, 2026
Oil Price Plummets Below $100 After Trump’s Announcement Of Ceasefire Extension

Oil Price Plummets Below $100 After Trump’s Announcement Of Ceasefire Extension

April 8, 2026

Fuel Crisis: Tanzania’s President Cuts Convoy, Directs Officials To Travel by Bus

Benin: Presidential Poll Holds Sunday As 49-Year-Old Finance Minister Seeks Mandate

Zimbabwe: Central Bank Introduces New Banknotes To Stabilise Financial System

Next Post
Belgium Manager Roberto Martinez Open To Barcelona Job

Belgium Manager Roberto Martinez Open To Barcelona Job

Please login to join discussion
  • 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