Greediocracy.

Government of the greedy, by the greedy and for the greedy. It is used loosely in Nigerian politics to represent a corrupt regime, especially the APC government. Although it has been used in the past for other regimes too, but got popular during Buhari's APC government

What is being practiced in Nigeria isn't democracy, at best it can be called greediocracy.

Greediocracy. by Intecus August 2, 2018

Greediocracy 

(Sometimes written greediocracy)

It is akin to aristocracy, but rather than nobility, it's money that rules. Giant coroprations with the means to essentially buy elections and in the end "get what they want"; which is usually more money, less oversight, etc. At it's base the entire system is driven by greed, hence 'Greedy-ocracy'.

The first well known use of the word was in the lyrics to the 1999 song "The Decline" written by Fat Mike of the band NOFX.

It also appeared around 2007 in graffiti caught on photograph around Quebec city (Canada)

It also appears in the lyrics of the song "The Broken Branches" by Star Fucking Hipsters on their 2011 album "From the Dumpster to the Grave"

Blame it on
Human nature, mans destiny
Blame it on the greediocracy

NOFX - The Decline

Greediocracy by cunning2627 August 22, 2012

greedocracy

A word use to describe a greedy somebody, selfish, stingy

The government uses the system of greedocracy .Government of the greedy , to the greedy and for the greedy

greedocracy by Offiziel December 26, 2018