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noah·Politics· Aug 29, 2026

How Nigeria’s Elections Became a Multi-Billion-Naira Business

How Nigeria’s Elections Became a Multi-Billion-Naira Business

Beyond rallies, posters and campaign convoys, Nigerian elections sustain a vast network of political consultants, media houses, printers, transporters, security firms, event planners and temporary workers. Campaign funds go into mobilisation, office operations, advertising, digital outreach and voter research. Large rallies alone can require huge spending on transport, accommodation, security, stage production and publicity. The high cost of seeking office has also intensified concerns about opaque funding, vote-buying and whether successful candidates may seek to recover political investments through appointments, contracts or policy decisions. While election cycles bring business to hotels, media organisations and service providers, they also raise a central question: can democracy remain a contest of ideas when access to public office increasingly depends on financial power?

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