The Executive Chairman of the EFCC, Ola Olukoyede, has expressed concern over the rising cost of governorship elections in Nigeria, warning that excessive spending poses a threat to good governance. According to Olukoyede, an assessment carried out last year showed that some candidates spend between ₦20 billion and ₦30 billion on party primaries, general elections,
The Executive Chairman of the EFCC, Ola Olukoyede, has expressed concern over the rising cost of governorship elections in Nigeria, warning that excessive spending poses a threat to good governance.
According to Olukoyede, an assessment carried out last year showed that some candidates spend between ₦20 billion and ₦30 billion on party primaries, general elections, and post-election legal battles.
He called for reforms to reduce the influence of money in politics, stressing that a compromised electoral process often produces compromised leadership.
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