Abstract
This paper is underscored by the commodification and trading of votes in Nigeria which poses a threat to credible elections, democracy, and good governance. Domestic and global studies including election observers have established that there has always been widespread exchange of votes for money in Nigeria. In this regard, this paper looks at the issue of voting commodification in the country with a view to highlighting its attendant implications for present and future elections, democracy, and governance. Using descriptive and content analysis with data gathered through secondary sources the paper sought to answer the following questions: What is behind the narrative of vote trading in Nigeria? Why do politicians buy votes? Why do people sell votes? Is vote trading conditioned by individual beliefs or social norm? What are the consequences of vote trading on governance? What are the possible solutions to the problem? The paper argues that candidates and political parties engage in material gratification and vote trading during elections and that vote trading is propelled by independent, individual decision and mainly driven by material circumstances. It further contends that the more politicians engage in vote buying and gratification the more unstable the electoral process becomes as that prevents credible candidates from running for political office as they may not have the humongous amount required to contest in election. The study concludes that material vote selling and buying, and gratification pose negative tendencies for Nigerian political system, democracy, and good governance if not properly handled. The paper recommends among others taking political financing seriously with the electoral umpire- Independent Electoral Commission (INEC) more proactive in fighting vote trading and the electorates through political education be encouraged to avoid all kinds of inducements from political parties and candidates.
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