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Articles

CUJPIA: VOL. 11 NO. 1, JUNE 2023

Political Party Activities and the Quagmire for Economic Development in Nigeria’s Fourth Republic

Submitted
July 16, 2024
Published
2023-06-23

Abstract

There is mushrooming literature on political party activities in Nigeria. However, existing research has yet to focus much on how political parties became an albatross to Nigeria's economy. As a result, this study adds to the body of literature on the phenomenon under inquiry. Using existing historical data and statistical information, it confirms the critical link between political party
activities and economic decline in Nigeria. Given the foregoing, the study suggests, among other things, a cessation of election violence and excessive campaign financing, which are the "roadmaps" for Nigeria's economic decline. These and other related ideas, if examined and implemented, will assist the country in finding the correct path to inclusive growth and sustainable economic
development rather than leaving it in ruins.

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