Election Finance and Corruption in Nigeria: An Investment Theory Approach
lection Finance and Corruption in Nigeria discusses public sector corruption, a major bane of democracy, particularly in emerging democracies.
While the scourge of this cancer is being reasonably contained in most advanced democracies, it is spreading in emerging democracies. To say that public sector corruption is a serious threat to democracy in Third World countries is an understatement.
Using Nigeria as a case study, this book investigates why public sector corruption is on the rise in Third World countries. The electoral process is identified as the engine room of democracy. Likewise, funding the electoral process is recognized as the lynchpin of the electoral process itself.
“In this book, I proceed to argue that the source and type of funds used to power the electoral process directly impacts the type of democracy emanating therein. My aim is to sanitize the corruption-ridden electoral process in Nigeria.”
Declan Mbadiwe Emelumba is from Imo State, Nigeria. He holds a B.S. from the University of Benin, an M.S. in political science from the University of Lagos, and a post-graduate diploma in journalism from Times Institute of Journalism, Lagos. He started his career as a journalist, working for major Nigerian newspapers, becoming editor and general manager. He worked as special adviser on media and public relations for the Imo State Governor, and was elected to the Imo State House of Assembly, serving for eight years. His first book, Reinventing Nigeria, the Plebiscitarian Option, telling how the plural Nigerian society can be made to work, was published in 2016. He is presently a consultant on media and legislative matters in Abuja.