POLITICAL PARTIES AS BUSINESS VENTURES IN NIGERIA

Isitoah, Ozoemene Emmanuel
Keywords: Democracy, Representative Government, Political Parties, Business Ventures
Journal of Inter-Disciplinary Studies on Contemporary Issues 2020 6(2), 70-81. Published: March 11, 2023


Abstract

Against the backdrop of the Nigerian state?s inability to factor its political system and processes to meet international best practices of fulfilling the democratic tenets and dividends, this paper examines the critical roles played in a democracy by political parties, their structure, organization and challenges. This paper used data sourse through the review of relevant literature and concludes that unlike the practices in the developed societies where the political parties essentially play the role of mobilizing voters for national development, socializing citizens on national issues, organizing government through elite formation and recruitment as well as uniting and stabilizing the political processes, the Nigerian party system is one in which parties are organized more as business ventures that seek to maximize benefits for a few political actors rather than for the public good. It was therefore suggested that the electoral process needs serious overhauling and reformation to allow for credible representations. It was equally suggested that the largesse that comes with political offices, which attracts and aggravates these negative politicking, be slashed to encourage persons with genuine intention for service to humanity to assume leadership positions.