Dark Money and Socio-Economic-Political Challenges in Nigeria

Abstract

The study examined effect of dark money on economy, social value, and political systems in Nigeria. This study adopted cross sectional survey research design, which facilitated the use of a structured research instruments in obtaining data from the respondents for the analysis of the study objectives. The population comprises infinite and the total sample of 530 was obtained through Taro Yamane. The primary source of data was used in gathering field survey data from the respondents through Google form. The simple ordinary least square regression was used. It was revealed from the study that dark money has positive influence on economic, social value, and political systems in Nigeria. It was concluded that dark money creation of job opportunities encourages civic engagement, community mobilization among others in order to promote the betterment of society as a whole. Thus, it was recommended that public education, cross-partisan collaboration, campaign finance regulation among others are vital factors for promoting economic interests with democratic value.