Only one woman, Princess Chichi Ojei, is vying for the presidency, although her score against 17 male rivals is expected to be minor compared to those of the three men leading the February 25 race in opinion polls.
Women played a determining role in building Nigeria's modern state, mobilizing against the British colonial administration and later against military rule, said Chiedo Nwankwor, a professor at Johns Hopkins University.
"Once those movements succeeded, women were put aside... (and) structures were put in place to privilege nation-building," she said.
This legacy lingers in Nigeria, where religious conservatism holds sway in the mostly Christian south and in the predominantly Muslim north, said Mercy Ette, a Nigerian researcher at the University of Leeds.
"If you're a good Christian woman, or if you're a good Muslim woman, you should submit... and politics is about 'stepping out'," she said, referring to putting oneself on display.
"So you can imagine that a woman who is really committed to her faith would not want to go against those norms."
Ingrained cultural and religious beliefs also mean many women in Nigeria are not fully supportive of female candidates, whom they struggle to see as potential leaders.
"Even among the very educated, patriarchy is very strong in Nigeria," said Akande-Sadipe. "It's unbelievable."
But while the percentage of women running in elections -- let alone winning -- is still low, some say acceptance of female candidates is growing.
In Niger state, an area wracked by gang violence, Khadijah Abdullahi Iya is running for governor, a position that has never been held by a woman anywhere in the country.
"The mindset is changing, more so because of the deplorable state in which people find themselves in... People are at a breaking point (and) they feel that women have the compassion (needed) to heal their pain," the 48-year-old told AFP.
In the oil-rich southern state of Rivers, Dabota Jumbo, who is running for a State Assembly seat, also sees signs of progress.
"Even the men want to engage with the women, who are strong influencers in their families, so in my locality the number of women running has increased," she said.
Another major challenge is funding, not just for campaign expenses but also to meet the widespread expectation that distributing cash is routine for politicians expecting support.
"Women in Nigeria just don't have the war chest to fund politics, and very few men want to invest in women," Ette said.
Yet another obstacle comes from political parties themselves, where women are often asked to step aside for male colleagues, especially in high-stake elections.
The practice has relegated many women to smaller parties that are less likely to win.
Meanwhile, parliament last year rejected five bills that sought to advance gender equality and female representation in public institutions, a major disappointment for women's advocacy groups.
The government also appealed a court ruling that encouraged the implementation of gender quotas, a case that is ongoing.
"There's very little political will to change the status quo," said Ibijoke Faborode, who runs ElectHER, a platform that supports young female candidates. "The powers that be just don't see it as a problem yet."
But she believes that "something changed" with #EndSARS, a reference to a controversial anti-robbery squad that became a protest movement in late 2020 against police brutality and demanding better governance.
Among the major figures leading the movement were a group of young women who called themselves the Feminist Coalition.
None of them are publicly taking part in this election, but the fact that thousands of Nigerians heeded their call to peacefully protest has planted a seed of hope.
Juliet Isi Ikhayere, a 28-year-old lawyer who supported the movement, is now running for the House of Representatives in the Federal Capital Territory.
At an event last month, a man in the crowd called her a "toddler", which she said was just the latest derogatory remark received on the campaign trail.
"The challenges are many," she said, but "it's not about 'the now', it's about the foundations we are laying."