Politics Shouldn’t Be A Business Venture -By Isaac Asabor

Across Nigeria, a dangerous idea has quietly become normal. It echoes in homes, beer parlours, market squares, and WhatsApp groups: “He spent heavily to win office, so he must recover his money.” Another variation says, “Politics is an investment.” That mindset may sound harmless, but it is one of the biggest reasons Nigeria continues to struggle despite its enormous potential.

The language Nigerians now use to describe politics is the language of business. Words like “investment,” “returns,” and “dividends” belong to commerce, not governance. Public office was never meant to be a profit-making enterprise. Yet many politicians now approach elections the same way businessmen approach contracts: put money in, collect bigger money later. That mentality is destroying governance.

Take the typical Nigerian politician. He spends millions, sometimes billions, chasing office. He buys nomination forms, funds campaigns, mobilizes supporters, settles party leaders, and distributes cash and food during elections. In many cases, he borrows heavily or relies on wealthy sponsors and political godfathers to finance his ambition.

By the time he assumes office, he is already financially burdened. Instead of seeing leadership as service, he sees it as an opportunity to recover his expenses and make profits. The treasury becomes less about public welfare and more about personal repayment.

The situation becomes even worse when political godfathers are involved. In Nigeria, many elected officials owe their victories not to the people but to powerful sponsors who funded their campaigns. Once in office, they must repay those political debts through inflated contracts, appointments, and policy favors.In such arrangements, public interest is sacrificed for private gain.

Without a doubt, this investment mentality has devastating consequences for democracy. First, it shuts out competent and honest people from politics. Elections have become so expensive that only the wealthy, the heavily sponsored, or the morally flexible can compete. The teacher with integrity, the disciplined civil servant, the honest professional, and the visionary youth leader often stand no chance against candidates backed by money and political machinery.

As a result, leadership is increasingly determined not by competence or character, but by financial strength.

Second, public resources are routinely converted into tools for personal enrichment. Once politicians view office as an investment, governance becomes transactional. Budgets become opportunities for kickbacks. Contracts become repayment channels. Appointments become rewards for loyalists. Development projects are no longer designed to solve problems but to satisfy political interests. Ordinary Nigerians are left to suffer the consequences.

Third, the system breeds impunity. A politician sponsored into office by a godfather is more accountable to that sponsor than to the electorate. Decisions are often influenced by political debts rather than public needs. Anti-corruption efforts become weak because many within the political class are tied together by the same corrupt structure. This explains why accountability in Nigeria remains painfully elusive.

Sadly, voters themselves have also become victims and participants in this destructive cycle. Years of corruption and failed leadership have created widespread cynicism. Many voters no longer expect honesty from politicians. Instead, elections have become moments to collect whatever money or gifts are available.

In fact, Vote-buying has gradually replaced issue-based politics. But the real cost of this system cannot be measured only in stolen billions. It is reflected in collapsing schools, poorly equipped hospitals, unemployment, insecurity, and hopelessness among young people. It is seen in the countless Nigerians risking their lives abroad because they no longer believe their country offers opportunity.

Nigeria is not poor because it lacks resources. Nigeria suffers because too many people in power see public office as a business venture rather than a public trust. Changing this reality will require more than new laws. It demands a change in national thinking.

Nigerians must stop glorifying politicians simply because they spent heavily to gain power. We must reject the dangerous idea that leadership automatically entitles anyone to financial rewards. Politics should not be treated as a marketplace where investments must yield profits.

Campaign finance reform is also essential. Election spending must be transparent and properly regulated. The influence of political godfathers must be reduced if democracy is to function properly.

Most importantly, voters must begin to see themselves not as beneficiaries of political handouts, but as citizens with the power to demand accountability. The money distributed during elections is never free. It is usually a small advance payment for years of poor governance and looting.

Without a doubt, Nigeria deserves better than transactional politics. The country is filled with hardworking, resilient, and creative people, yet it continues to underperform because leadership is too often driven by personal gain rather than public service. Citizens should not have to survive through resilience alone while those entrusted with power exploit the system for profit.

Real change will begin the moment Nigerians collectively reject the belief that politics is an investment opportunity. Public office must once again be understood as a responsibility, not a commercial enterprise.

Until that happens, elections will continue to produce leaders focused more on recovering expenses than improving lives. And ordinary Nigerians will continue paying the price.

Good governance can never emerge from political profiteering. It can only come from leaders who see service, accountability, and national development as the true purpose of power.