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Tag: Kingsley Moghalu

  • Moghalu speaks on political ambition after losing out in presidential race

    African Democratic Congress (ADC) presidential aspirant Prof. Kingsley Moghalu, has broken his silence after losing out in the presidential race.

    Moghalu on Monday said he has opted out of the 2023 electoral cycle and will not run on any other political platform.

    Recall that Moghalu, a former deputy governor of the Central Bank of Nigeria was the presidential candidate of the Young Progressives Party (YPP) in the 2019 elections but defected to the ADC in the build-up to the 2023 party primaries to pursue his presidential aspiration.

    However, Moghalu had tendered his resignation at  ADC  after losing to Dumebi Kachikwu  citing  injustice in the  conduct of the party’s  presidential primary election.

    Moghalu, in a statement on Monday, said many invitations had been extended to him by a number of other political parties to still be presented as a presidential candidate in the 2023 general elections on their party platforms.

    “Notwithstanding, I have opted not to be a candidate in this electoral cycle.

    He said, “At this time, I have no plans to become a member of any other political party for the purpose of the 2023 general elections.

    “However, I intend to remain keenly engaged in our country’s immediate future, including the elections, with contributions that are appropriate and can be helpful to nation-building.”

    Moghalu claimed many political associates, supporters and other Nigerians have wondered over the past couple of weeks what his next steps would be since he resigned membership of ADC on grounds of principle after the party’s recent presidential primaries.

    He explained that his campaign was always based on a vision for Nigeria as set out in his manifesto book, Build, Innovate and Grow (BIG), and a desire to serve, “not on any inordinate personal ambition.”

    The presidential hopeful said he was humbled by the recognition of the strength and impact of his political brand in the country today by the parties that invited him to take their ticket.

    “To my supporters who already have tickets from party primaries to contest for down-ballot electoral offices under the ADC, you have my full support for your electoral races and my prayers for your victory.

    “To those who held tickets but resigned from the party in solidarity with me, and who still wish to contest elections, there are alternative avenues that can be explored.

    “For those supporters and the general public who have intended to vote for me as a presidential candidate in the general elections had I emerged as one, I ask you to cast your support and ballot in the 2023 election to the candidate that comes closest to our shared vision of a Nigeria that is secured, united, and prosperous.

    “The best chance to achieve this vision is under transformative leadership that represents a break from the old political order,” he said.

    “Our children must experience a tomorrow that is much better than our today,” he added.

  • 2023: Moghalu rejects offers to be presidential candidate

    2023: Moghalu rejects offers to be presidential candidate

    After losing the African Democratic Congress (ADC) presidential ticket, Prof. Kingsley Moghalu, says he has opted out of the 2023 electoral cycle and will not run on any other political platform.

    Recall that Moghalu, a former deputy governor of the Central Bank of Nigeria (CBN) was the presidential candidate of the Young Progressives Party (YPP) in 2019 elections, but defected to ADC in the build-up to the 2023 party primaries to pursue his presidential aspiration.

    Also recall that Moghalu after losing the ADC primaries to Dumebi Kachikwu, on June 8 in Abeokuta, Ogun, resigned from the party.

    Moghalu, a lawyer and political economist said in a statement on Monday that several invitations had been extended to him by a number of other political parties to still be presented as a presidential candidate in the 2023 general elections on their party platforms.

    “Notwithstanding, I have opted not to be a candidate in this electoral cycle. At this time, I have no plans to become a member of any other political party for the purpose of the 2023 general elections.

    “However, I intend to remain keenly engaged in our country’s immediate future, including the elections, with contributions that are appropriate and can be helpful to nation-building,” he said.

    According to Moghalu, many political associates, supporters and other Nigerians have wondered over the past couple of weeks what his next steps will be since he resigned membership of ADC on grounds of principle after the party’s recent presidential primaries.

    Moghalu said his campaign was always based on a vision for Nigeria as set out in his manifesto book,  Build, Innovate and Grow (BIG), and a desire to serve, “not on any inordinate personal ambition.”

    The presidential hopeful said that he was humbled by the recognition of the strength and impact of his political brand in the country today by the parties that invited him to take their ticket.

    “To my supporters who already have tickets from party primaries to contest for down-ballot electoral offices under the ADC, you have my full support for your electoral races and my prayers for your victory.

    “To those who held tickets but resigned from the party in solidarity with me, and who still wish to contest elections, there are alternative avenues that can be explored.

    “For those supporters and the general public who have intended to vote for me as a presidential candidate in the general elections had I emerged as one, I ask you to cast your support and ballot in the 2023 election to the candidate that comes closest to our shared vision of a Nigeria that is secured, united, and prosperous.

    “The best chance to achieve this vision is under transformative leadership that represents a break from the old political order,” he said.

    According to him, a better Nigeria is possible and the journey to bring this vision into reality is a most urgent and essential one.

    “Our children must experience a tomorrow that is much better than our today,” he added.

  • Kingsley Moghalu exits the ADC over poor conduct of presidential primaries

    A former Deputy Governor of the Central Bank of Nigeria and a presidential aspirant of the African Democratic Congress (ADC), Kingsley Moghalu, has resigned his membership of the political party.

    In a letter dated June 13, 2022, which was addressed the National Chairman of ADC Okey Nwosu, which was sighted by TNG, Moghalu said his decision to leave the party arose from events that occurred during the just concluded presidential Primary Election of the party.

    He explained that the process and conduct of the party’s presidential primary on June 8, 2022 at Abeokuta revealed a fundamental clash of values between himself and the leadership of the party.

    “Despite the circular you issued a few days to the primary committing the party to providing transportation and accommodation for delegates to and in Abeokuta, and which as we agreed would provide a level playing for all the presidential aspirants, the party under your leadership failed to do so.

    “Some aspirants, including myself, made donations to the ADC party account as requested by the party for this purpose. This failure, which appeared intentional, created room for massive abuses of the electoral process including delegate capture and financial inducement of delegates.

    “This is only one of numerous inconsistencies and the absence of transparency and predictability in the management of the party that I had progressively complained about.”

    “As you are well aware, I have consistently resisted pressures to join the APC (All Progressives Congress) or the PDP (Peoples’ Democratic Party) precisely to avoid “cash-and-carry” politics. For me to remain a member of the ADC therefore, after what thousands of party members participated in at Abeokuta, would be to endorse political corruption of a most obscene order,” part of the letter read.

    Moghalu who joined the ADC in October 2021, lost the party’s presidential ticket to the founder of Roots Television Dumebi Kachikwu, who scored 978 votes against his 589 votes.

    While the ADC is yet to react to the development, Nigeria’s Minister of State for Labour and Employment Festus Keyamo, has urged Moghalu to join the APC.

    Keyamo wrote on twitter: ”My own dear brother, @MoghaluKingsley, you’ve just seen that the so-called Third Force are just some untested Nigerians who may just be worse off.

    ”They’re not from the moon; they’re NIGERIANS. It’s all sound & fury & nothing more. Welcome to the REAL WORLD. Please, join us in APC.”

  • 2023 Elections: Keyamo attacks ADC, woos Moghalu to APC

    Senior lawyer and Federal Minister of State for Labour and Employment, Festus Keyamo has berated African Democratic Congress,  (ADC) over the treatment  meted out to Kingsley Moghalu .

    Recall that  Moghalu Presidential aspirant of the ADC, has resigned his membership from the party after failing to clinch   the presidential ticket.

    In a letter written and addressed to the chairman of the party Okey Nwosu, Moghalu cited  infractions from the primary election as reason for leaving the party.

    Meanwhile, in his reaction, Keyamo had attacked the ADC for not living up to the billing of being a third force, saying that they comprise of some untested Nigerians or may just be worse off.

    Keyamo made his position known in response to Moghalu’s outburst on twitter

    Keyamo post reads: ”@MoghaluKingsley, you have just seen that the so called third force are just some untested Nigerians who may just be worse off.

    ”They are not from the moon; they are NIGERIANS. It’s sound and fury and nothing more. Welcome to the real world. Please join us in APC.

    See tweet Below:

  • Moghalu laments too many scammers in Nigerian politics after losing ADC presidential ticket

    Moghalu laments too many scammers in Nigerian politics after losing ADC presidential ticket

    Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu has reacted after losing the presidential ticket of the African Democratic Congress (ADC).

    TheNewsGuru.com (TNG) reports Moghalu made this known on his Twitter page in which he wrote, “Too many scams & scammers in Nigerian politics. Whether it is poverty or a collapse of values, one is not sure”.

    Moghalu had lost the 2023 presidential ticket of the ADC to a media entrepreneur, Dumebi Kachikwu.

    “Not sure because some of the scammers are people who are not exactly begging for food, but have depraved mindsets that worship money. Is poverty then really the cause?,” Moghalu added.

  • BREAKING: Kachikwu floors Moghalu, others to clinch ADC Presidential ticket

    BREAKING: Kachikwu floors Moghalu, others to clinch ADC Presidential ticket

    Mr Dumebi Kachikwu, the Founder of Roots Television, Nigeria, has clinched the African Democratic Congress (ADC), presidential ticket for the 2023 General Elections.

    Kachikwu secured 978 votes to beat his closest rivals, Kingsley Moghalu and Chukwuka Monye, who polled 589 and 339 votes, respectively.

    Retired Maj.- Gen. Ekundayo Opaleye, Chairman of the party’s National Convention Committee, announced the result on Thursday.

    The convention was held at the Olusegun Obasanjo Presidential Library in Abeokuta, Ogun.

    A total of 10 aspirants participated in the primary, including five females, and a person with special needs, Dr Chike Okogwu, who stepped down after addressing the delegates.

    A total of 2,040 delegates from across the country were accredited by the convention committee to elect the party’s presidential candidate.

    Kachikwu in his acceptance speech, commended the party for organising quality primary election devoid of monetisation.

    He appreciated party members for electing him as presidential candidate, and assured them that he would continue to project the good image of the ADC, and woo voters ahead of the elections.

    The ADC National Chairman, Chief Ralph Nwosu, lamented that the two main political parties in the country had failed to provide good leadership for Nigerians over the years.

    Nwosu said that the ADC was on a rescue mission to save Nigeria, and planned to win 70 per cent of legislative seats at state and federal levels during the 2023 elections.

    “The ADC is ready to salvage Nigeria, and that is why we will be bringing in technocrats to take over the reins of power,” he said.

    The event was witnessed by INEC officials, security agents and party faithful.

  • Moghalu expresses concerns over fate of Nigerians in Ukraine

    Moghalu expresses concerns over fate of Nigerians in Ukraine

    Presidential hopeful, Prof. Kingsley Moghalu has expressed concerns over Nigerians’ fate in Ukraine, as the Russia-Ukraine face-off and attacks worsen.

    Moghalu, a former deputy governor of the Central Bank of Nigeria (CBN) and a presidential aspirant on the platform of the African Democratic Congress (ADC) expressed the concern in a solidarity message in Lagos.

    The 2019 presidential candidate of the Young Progressives Party (YPP), called for an end to the crisis between the two countries.

    Moghalu said: “Deeply concerned about the fate of Nigerians in Ukraine and reports that Nigerians are being denied humanitarian access to neighboring Poland.

    “| contacted my good friend, Joanna Tarnawska, Poland’s Ambassador in Nigeria whom | know to be a great friend of our country and Africa.

    “She assured me this morning that the story is not true and that Nigerian nationals and Africans are allowed access into her country on humanitarian grounds.”

    Moghalu appreciated Poland’s support.

    He urged all countries that are Ukraine’s neighbors to continue to extend humanitarian assistance to Nigerians affected by the horrendous situation in a Ukraine that had now become a theatre of aggression and armed conflict.

    The Federal Government has met with envoys of the G7 countries in Nigeria, expressing worries over the Russian-Ukraine conflict with a call for peace to resolve the conflict.

    Minister of Foreign Affairs, Mr Geoffrey Onyeama, met with the envoys on Friday in Abuja, saying the Nigerian government called for peace and the use of diplomacy in resolving all differences.

    Onyeama said Nigeria does not condone the approach of aggression by Russia, calling on Russia to pull back.

    “Peace and diplomacy to be prioritised by both sides. We support every effort being made to stop the aggression and Russian troops to return to Russia,” Onyeama had said.

    At the meeting was the German Ambassador to Nigeria, Birgitt Ory, who is also chair of the G7 Group, the United States Ambassador to Nigeria, Mary Beth Leonard; British High Commissioner to Nigeria, Catriona Laing; Head of the European Union Delegation to Nigeria and ECOWAS, Samuela Isopi.

    Others were the representatives of the Embassies of Japan and Canada.

  • Moghalu joins new party in quest to become Nigeria’s president

    Moghalu joins new party in quest to become Nigeria’s president

    In his quest to become the President of Nigeria, Prof. Kingsley Moghalu, a former Deputy Governor of the Central Bank of Nigeria (CBN) has joined a new political party.

    TheNewsGuru.com (TNG) reports Prof. Moghalu on Friday in Abuja announced his decision to join the African Democratic Congress (ADC) to pursue his presidential ambition in 2023.

    Moghalu, who also a lawyer and political economist, was a presidential candidate of the Young Progressives Party (YPP) in the 2019 presidential election.

    He left the YPP in October 2019 and did not join any other party since then.

    “I am pleased to announce to you today that I have joined the African Democratic Congress (ADC) which I feel ideologically aligned with. I am honoured to become a card-carrying member of the party.

    “In doing so, I restate my public announcement on June 1, 2021, making myself available to lead our country as a competent, 21st century president and my intention to contest in the 2023 presidential election.

    “I look forward to close collaboration with the party’s chairman, Chief Ralph Okey Nwosu, Alhaji Said Abdullahi, the ADC National Secretary and the National Executive Committee, and Chair of its Board of Trustees among others,’’ he told a news conference.

    He added that his desire was to take Nigeria higher and make her the envy of other nations if he becomes the president.

    Moghalu noted that since its founding, in 2005 to date, including in the 2019 general election in which the ADC presented the late Dr Obadiah Mailafia as its presidential candidate, the party had remained consistent.

    He said the ADC had remained consistent in its commitment to the emergence of true democracy in Nigeria and to the role of belief, passion and idea in nation building.

    “The party has shunned `food-is-ready’ and divisive ethno-centric politics,’’ Moghalu stressed.

    According to him, Nigeria’s big political parties have failed Nigerians and voting for them again in 2023 will amount to a waste of votes.

    Moghalu said the ADC remained a key player in the efforts to create a new and bigger platform through merger of several political parties to take over power in 2023 to begin the work of rebuilding the country.

    He said he had been part of a group of individuals and political parties working towards the emergence of a “Third Force’’ in the country’s political space.

    He added that Nigerians were tired of the failure of traditional politics and were waiting eagerly for the emergence of such platform.

    “For the party’s growth and expansion in the months ahead, I ask all my political supporters, including those aspiring to be elected to gubernatorial positions and the national and state legislatures to join the ADC,’’ Moghalu said.

    While welcoming Moghalu to the party, Nwosu said he had returned to where he truly belonged.

    “He has found his way to where he truly belongs; our handshake as a party cuts across regions and sentiments and we will together build a better Nigeria for all.

    “We welcome you proudly because you are a distinguished Nigerian. We need servants and dedicated leaders like you to lead this country’’ the ADC chairman said.

    He added that the ADC had been working with other political parties and institutions to achieve its desire of enthroning a better Nigeria.

    TNG reports Moghalu had remained an influential voice on national issues, including the economy, nation-building and governance.

    He was recently identified as one of the leaders of an emerging “Third Force’’.

    He recently served as the Special Envoy of the UN on Post-COVID Development Finance for Africa.

    Moghalu’s new party fielded Prof. Pat Utomi as its candidate at the 2007 presidential election.

  • Why I want to run for president in 2023 – Moghalu

    Why I want to run for president in 2023 – Moghalu

    Prof. Kingsley Moghalu, the 2019 presidential candidate of Young Progressive Party (YPP) has said he will run for presidency again in 2023.

    Moghalu, a former deputy governor of the Central Bank of Nigeria (CBN), who had announced shortly after the 2019 presidential election that he had resigned from the YPP and had also quit partisan politics, said this in a statement he personally signed on Tuesday.

    Explaining he changed his mind to join active politics again, Moghalu said: “My decision to re-contest the top seat is driven by concern for the youth and to seek a clearer alternative to the status quo that would tackle challenges currently facing the nation.”

    He said he would not run on the platform of YPP but would decide and join in the next few months, a party of his choice.

    Moghalu said he would run on a four-point agenda which he code-named ‘SWAG.’

    “SWAG means Security for all Nigerians and Nigeria’s territory; War against poverty: skills, jobs for our youths and an innovation economy; Accelerated education and healthcare reform; Good governance: inclusive, transparent, effective and accountable,” he said.

    He said if elected, he would run a government with a team of highly competent Nigerians from all parts of the country.

    “Along with strengthened, independent institutions, we will deliver results on a 4 point agenda in four years,” he said.

    Moghalu tasked the National Assembly to pass necessary electoral reforms into law just as he canvassed for diaspora voting.

    “Our votes must count and be counted transparently. The amendments should include a provision for Diaspora Nigerians to be able to register and vote in all elections in Nigeria from abroad,” he said.

    Moghalu asked for support of all compatriots noting that the energy and support of the youth, middle class, entrepreneurs and compatriots in diaspora was needed.

  • Ohanaeze can no longer tell Igbo youths who to vote – Moghalu

    The presidential candidate of the Young People’s Party, Kingsley Moghalu, says the endorsement of a particular candidate by Ohanaeze Nd’Igbo is in vain.

    Moghalu disclosed this in an interview with the News Agency of Nigeria on Wednesday in Awka.

    He said youths in South East are wise enough to know who to vote for and not for Ohanaeze to compel them on what to do.

    “We in the South East now know that our elders in Ohanaeze have been economical with the truth. They tell us what they want us to believe for reasons best known to them.

    “This time around, the youth in the region have decided to vote for candidates that appeal to them in terms of development plans for the country,” he said.

    Moghalu said he had done much for Nigerians to deserve their votes in February 23, poll.

    “I did so much for the country while serving as the deputy governor of Central Bank of Nigeria.

    “I introduced POS services; the ATM card was also my initiative, as well as Bank Verification Number for identification of accounts.

    “I did all these to make the economy vibrant. It is also my contribution towards making ease of doing business possible.

    “If given the chance, I will do more for the country to enable it join the league of developed countries where youths will be proud to stay and earn their living,” he said.