Why Govt Should Fund Political Parties – Moghalu

Political economist Kingsley Moghalu has recommended that the Federal Government should take over the funding of political parties across the country.

According to the former Deputy Governor of the Central Bank of Nigeria, government funding of political parties will mitigate corruption within the electoral system.

Speaking on a television show on Friday, Professor Moghalu criticised the current delegate system used for party primaries, noting that most delegates participate for pecuniary benefits.

“One of my recommendations , Mr. Muoghalu noted is that the government should fund political parties,” he said. “This was done in the time of the SDP and NRC that Babangida set up, a little to the right, a little to the left.

Moghalu said government funding will divert the attention of political parties and their players from the inordinate search for funds to real issues, adding that it will also help the electorate to make informed decisions at the polls.