{"title":"Crony capitalism in Nigeria: the case of patronage funding of the Peoples Democratic Party and the power sector reform, 1999–2015","authors":"O. Albert, I. Abada, Raymond Adibe","doi":"10.1080/03056244.2021.1958309","DOIUrl":null,"url":null,"abstract":"ABSTRACT The article argues that cronyism in the funding of the Peoples Democratic Party (PDP) explains the dismal record of the recent power sector reforms in Nigeria. It implies that the reforms were packaged by the then PDP-led government to benefit their major campaign financiers with contracts; thus, within this period the party financiers were able to assume a commanding position in the sector. The article further contends that the funding regime in the party reinforces corruption as financiers leveraged on their contributions to the party to ensure that the reform processes and outcomes reflected their economic interests. The case exemplifies the crony relationship between the business and the political class (that ought to act as the regulatory body), which is skewed towards primitive accumulation.","PeriodicalId":47526,"journal":{"name":"Review of African Political Economy","volume":"48 1","pages":"581 - 608"},"PeriodicalIF":1.4000,"publicationDate":"2021-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"3","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Review of African Political Economy","FirstCategoryId":"90","ListUrlMain":"https://doi.org/10.1080/03056244.2021.1958309","RegionNum":3,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"AREA STUDIES","Score":null,"Total":0}
引用次数: 3
Abstract
ABSTRACT The article argues that cronyism in the funding of the Peoples Democratic Party (PDP) explains the dismal record of the recent power sector reforms in Nigeria. It implies that the reforms were packaged by the then PDP-led government to benefit their major campaign financiers with contracts; thus, within this period the party financiers were able to assume a commanding position in the sector. The article further contends that the funding regime in the party reinforces corruption as financiers leveraged on their contributions to the party to ensure that the reform processes and outcomes reflected their economic interests. The case exemplifies the crony relationship between the business and the political class (that ought to act as the regulatory body), which is skewed towards primitive accumulation.
期刊介绍：
The Review of African Political Economy (ROAPE) is a refereed journal committed to encouraging high quality research and fostering excellence in the understanding of African political economy. Published quarterly by Routledge, Taylor & Francis Group for the ROAPE international collective it has since 1974 provided radical analysis of trends and issues in Africa. It has paid particular attention to the political economy of inequality, exploitation and oppression, whether driven by global forces or local ones (such as class, race, community and gender), and to materialist interpretations of change in Africa. It has sustained a critical analysis of the nature of power and the state in Africa.
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