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This term paper takes a critical look at the notion in which different programmes, polices and projects being undertaken by government for the welfare of the citizens are being presented under the guise of dividends of democracy. The paper notes that what should actually constitute the basis for determining democracy dividends must be based on the extent to which power is being exercised by the people, through their ability to elect those that will govern them, and their ability to affect the different programmes and polices of government through their active involvement in binding decision making. It argues that democracy and political participation must extend beyond voting rights alone to include other things such as the peoples control of their leaders, their actions and the ability to contribute in the process of governance. The paper concludes that the citizens cannot truly enjoy any meaningful dividends of democracy except through popular participation and the consent of the people.