NIGERIAN GENERAL ELECTIONS AND COST-CENTRES: AN EVALUATION OF COST RECOGNITION AND MEASURABILITY

PHILLIPS O. SALAWU, YOHANNA G. JUGU, FRANCIS OJAIDE

Abstract


The objective of this study is to identify the election cost centres and their related costs. The methodology applied in gathering information for this article is by participatory observation together with the analysis of the secondary data. The result of the findings shows that 7 (seven) cost centres are identified and they are: the Candidate for the Election,
the Sponsoring Political Party, the Election Umpire, the Third Party Support Group, the Government, the General Public and the Nigerian Nation – State. Costs are either Financial (Economic) or Social or Political. The Financial Costs in Elections are easy to quantify in monetary terms, but may be difficult to recognize due to their required secrecy and confidentiality. The socio-political costs are very visible and easily recognizable, but difficult to quantify in monetary values due to the subjectivity in the valuation process. Election costs, especially those of the candidates, should be kept at the lowest minima because excessive costs incurred by the candidates would have negative impacts on
governance when such candidates assume offices. Corruption and poor performances in governance are the consequences of excessive costs of elections.

Keywords


General Elections, Cost-Centre, Cost Recognition, Measurability

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International Journal of Management Science Research ISSN ISSN 2536 – 605X(Print)

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