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Abstract
This study examined the political economy of elections in Nigeria, with particular emphasis on the implications of money politics on voting behaviour during the 2024 Edo State gubernatorial election in Ovia North East Local Government Area. The study was motivated by the increasing influence of vote buying, financial inducements, and other forms of electoral malpractice on democratic governance and electoral integrity in Nigeria. A descriptive survey research design was adopted, and data were collected from eligible voters using structured questionnaires. The data were analyzed using descriptive and inferential statistical methods to assess the relationship between money politics and voting behaviour. The findings revealed that money politics significantly influenced voters' electoral choices, reduced electoral credibility, and weakened democratic values by encouraging vote buying and undermining issue-based campaigns. The study also found that economic hardship, poverty, and unemployment increased voters' susceptibility to financial inducements during elections. It concludes that the persistence of money politics poses a serious threat to free, fair, and credible elections and undermines democratic consolidation in Nigeria. The study recommends stricter enforcement of electoral laws, effective voter education, improved campaign finance regulation, and the implementation of policies aimed at reducing poverty and promoting electoral transparency to strengthen democratic governance.
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