• 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
US Unveils Anniversary Passport Featuring President Trump’s Photo

US Unveils Anniversary Passport Featuring President Trump’s Photo

49 minutes ago
South Africa, Kenya Welcome China’s Zero‑Tariff Policy 

South Africa, Kenya Welcome China’s Zero‑Tariff Policy 

7 hours ago
Tunisia: Jailed Opposition Leader Moved To Hospital As Health Deteriorates

Tunisia: Jailed Opposition Leader Moved To Hospital As Health Deteriorates

7 hours ago
Nigeria: Two-Year Oil Fire Sparks ‘Genocide’ Outcry In Rivers Community

Nigeria: Two-Year Oil Fire Sparks ‘Genocide’ Outcry In Rivers Community

11 hours ago
War In Ukraine Pushing Poverty Higher —World Bank

World Bank Unveils $8.2bn Plan To Light Up 300 Million Homes By 2030

1 day ago
Thursday, April 30, 2026
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Benin: Constitutional Court Affirms Election Of Wadagni As President

    Benin: Constitutional Court Affirms Election Of Wadagni As President

    Pope Meets Prison Inmates In Equatorial Guinea Visit

    Pope Meets Prison Inmates In Equatorial Guinea Visit

    President Lula Slams Trump Rejection Of South Africa At G20 Summit

    President Lula Slams Trump Rejection Of South Africa At G20 Summit

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

    Senegal: Ex-President Macky Sall To Be Grilled This Week For UN Top Job

    President Mahama Congratulates Congo’s Counterpart On Inauguration

    President Mahama Congratulates Congo’s Counterpart On Inauguration

    Cameroon: President Biya Returns Home After 42 Days Absence

    Cameroon: Biya Signs New Law That Restores Vice Presidency

    Ramaphosa Appoints New Ambassador To US After Rasool’s Expulsion 

    Ramaphosa Appoints New Ambassador To US After Rasool’s Expulsion 

    Benin: Opposition Candidate Concedes Defeat To Finance Minister

    Benin: Opposition Candidate Concedes Defeat To Finance Minister

    Benin: Vote Counting Underway As Election Ends

    Benin: Vote Counting Underway As Election Ends

  • Economy
    UAE Quits OPEC After 60-Year Membership

    UAE Quits OPEC After 60-Year Membership

    DRC Agrees To Receive Deportees Under US Migrants Transfer Deal

    DRC Launches US-Backed $100m Paramilitary Unit To Protect Mines 

    Trump Orders US Exit From 66 UN Bodies, International Agencies

    Trump Imposes Sanctions On China-Based Refinery, Others Over Iranian Oil

    Nigeria: Power Minister Quits Amidst Crippling Energy Supply

    Nigeria: Power Minister Quits Amidst Crippling Energy Supply

    Ethiopian Airlines Seals Dreamliner Deal With Boeing

    Ethiopian Airlines Seals Dreamliner Deal With Boeing

    Nigeria: President Tinubu Sacks Finance Minister

    Nigeria: President Tinubu Sacks Finance Minister

    World Bank Advocates Debt Relief For Countries Owing Over $8.7trn

    Nigeria: Govt Dismisses ‘Hidden Spending’ Claims, Says World Bank Report Misread

    Kenya: Ruto Orders Shooting Of Protesters Attacking Businesses

    Kenya Seeks World Bank’s Assistance As Iran’s War Bites Harder

    IMF Raises Concern Over Nigeria’s Growing Debt Burden Under Tinubu

    IMF Raises Concern Over Nigeria’s Growing Debt Burden Under Tinubu

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Benin: Constitutional Court Affirms Election Of Wadagni As President

    Benin: Constitutional Court Affirms Election Of Wadagni As President

    Pope Meets Prison Inmates In Equatorial Guinea Visit

    Pope Meets Prison Inmates In Equatorial Guinea Visit

    President Lula Slams Trump Rejection Of South Africa At G20 Summit

    President Lula Slams Trump Rejection Of South Africa At G20 Summit

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

    Senegal: Ex-President Macky Sall To Be Grilled This Week For UN Top Job

    President Mahama Congratulates Congo’s Counterpart On Inauguration

    President Mahama Congratulates Congo’s Counterpart On Inauguration

    Cameroon: President Biya Returns Home After 42 Days Absence

    Cameroon: Biya Signs New Law That Restores Vice Presidency

    Ramaphosa Appoints New Ambassador To US After Rasool’s Expulsion 

    Ramaphosa Appoints New Ambassador To US After Rasool’s Expulsion 

    Benin: Opposition Candidate Concedes Defeat To Finance Minister

    Benin: Opposition Candidate Concedes Defeat To Finance Minister

    Benin: Vote Counting Underway As Election Ends

    Benin: Vote Counting Underway As Election Ends

  • Economy
    UAE Quits OPEC After 60-Year Membership

    UAE Quits OPEC After 60-Year Membership

    DRC Agrees To Receive Deportees Under US Migrants Transfer Deal

    DRC Launches US-Backed $100m Paramilitary Unit To Protect Mines 

    Trump Orders US Exit From 66 UN Bodies, International Agencies

    Trump Imposes Sanctions On China-Based Refinery, Others Over Iranian Oil

    Nigeria: Power Minister Quits Amidst Crippling Energy Supply

    Nigeria: Power Minister Quits Amidst Crippling Energy Supply

    Ethiopian Airlines Seals Dreamliner Deal With Boeing

    Ethiopian Airlines Seals Dreamliner Deal With Boeing

    Nigeria: President Tinubu Sacks Finance Minister

    Nigeria: President Tinubu Sacks Finance Minister

    World Bank Advocates Debt Relief For Countries Owing Over $8.7trn

    Nigeria: Govt Dismisses ‘Hidden Spending’ Claims, Says World Bank Report Misread

    Kenya: Ruto Orders Shooting Of Protesters Attacking Businesses

    Kenya Seeks World Bank’s Assistance As Iran’s War Bites Harder

    IMF Raises Concern Over Nigeria’s Growing Debt Burden Under Tinubu

    IMF Raises Concern Over Nigeria’s Growing Debt Burden Under Tinubu

  • 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

Tunisia: Jailed Opposition Leader Moved To Hospital As Health Deteriorates

Nigeria: Two-Year Oil Fire Sparks ‘Genocide’ Outcry In Rivers Community

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

Tunisia: Jailed Opposition Leader Moved To Hospital As Health Deteriorates

Tunisia: Jailed Opposition Leader Moved To Hospital As Health Deteriorates

April 30, 2026
Nigeria: Two-Year Oil Fire Sparks ‘Genocide’ Outcry In Rivers Community

Nigeria: Two-Year Oil Fire Sparks ‘Genocide’ Outcry In Rivers Community

April 30, 2026

World Bank Unveils $8.2bn Plan To Light Up 300 Million Homes By 2030

Mugabe’s Son Slammed With Fine, Set For Deportation From South Africa 

France Advises Citizens To Leave Mali After Coordinated Attacks

Mali: Junta Leader Reappears In Bamako After Coordinated Attacks

Next Post
Belgium Manager Roberto Martinez Open To Barcelona Job

Belgium Manager Roberto Martinez Open To Barcelona Job

Please login to join discussion
AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
US Unveils Anniversary Passport Featuring President Trump’s Photo

US Unveils Anniversary Passport Featuring President Trump’s Photo

April 30, 2026
South Africa, Kenya Welcome China’s Zero‑Tariff Policy 

South Africa, Kenya Welcome China’s Zero‑Tariff Policy 

April 30, 2026
Tunisia: Jailed Opposition Leader Moved To Hospital As Health Deteriorates

Tunisia: Jailed Opposition Leader Moved To Hospital As Health Deteriorates

April 30, 2026
Nigeria: Two-Year Oil Fire Sparks ‘Genocide’ Outcry In Rivers Community

Nigeria: Two-Year Oil Fire Sparks ‘Genocide’ Outcry In Rivers Community

April 30, 2026

Most Recent

US Unveils Anniversary Passport Featuring President Trump’s Photo

April 30, 2026

South Africa, Kenya Welcome China’s Zero‑Tariff Policy 

April 30, 2026

Tunisia: Jailed Opposition Leader Moved To Hospital As Health Deteriorates

April 30, 2026

Nigeria: Two-Year Oil Fire Sparks ‘Genocide’ Outcry In Rivers Community

April 30, 2026

World Bank Unveils $8.2bn Plan To Light Up 300 Million Homes By 2030

April 29, 2026

Mugabe’s Son Slammed With Fine, Set For Deportation From South Africa 

April 29, 2026

France Advises Citizens To Leave Mali After Coordinated Attacks

April 29, 2026

Mali: Junta Leader Reappears In Bamako After Coordinated Attacks

April 28, 2026

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