Tag: Kingsley Moghalu

  • Moghalu: education key to governance revolution in Africa

    Moghalu: education key to governance revolution in Africa

    Former Deputy Governor of the Central Bank, Prof. Kingsley Moghalu, has emphasised that education is crucial for transforming governance across Africa.

    Speaking at an information session in Lagos for the official launch of the African School of Governance (ASG), Moghalu, who serves as its inaugural president in Kigali, Rwanda, highlighted the role of education in shaping both leadership and followership on the continent.

    The school, founded by Rwandan President HE Paul Kagame and former Ethiopian Prime Minister HE Hailemariam Desalegn, aims to cultivate transformative leadership and drive sustainable development across Africa.

    “The biggest challenge facing governance in Africa is not just leadership but also followership. Educating both leaders and the governed is essential for creating accountable and effective systems,” he stated.

    Read Also: Nigerian-American Chamber of Commerce ‘catalyst of growth’

    Moghalu noted that poor governance in Africa stems from a lack of structured leadership education. He stressed ASG’s commitment to addressing this gap through specialized training in corporate governance, gender equity, and public-private collaboration. The institution aims to nurture a new generation of leaders with a focus on policy innovation, ethical governance, and economic development.

    He also underscored the need for governance rooted in African identity rather than external influences. “We have to learn governance in the context of Africa. We must think as Africans, not just copy and paste from other cultures. We have our own systems and traditions that should be recognized,” he said.

    He advocated for the inclusion of traditional institutions in governance, arguing that their exclusion has created tension. According to him, integrating traditional leadership into advisory roles could enhance governance structures across the continent.

    Speaking on the role of education in combating corruption, attendees, including representatives from African Leadership University, Harvard Kennedy School, and Lagos Business School, emphasised that fighting corruption requires not just enforcement, but a shift in public perception.

    “With the right education and leadership training, Africa can revolutionise governance, making accountability, transparency, and economic growth the norm rather than the exception,” Moghalu said.

    He outlined ASG’s short- and long-term objectives, including the launch of its Master of Public Administration (MPA) and Executive Master of Public Administration (EMPA) programmes in June.

  • JUST IN: Moghalu applauds Tinubu’s decision on subsidy, forex

    JUST IN: Moghalu applauds Tinubu’s decision on subsidy, forex

    Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has commended President Bola Tinubu for his bold step in removing the fuel subsidy and forex reform.

    Moghalu, who expressed concern about the number of politicians in the current administration, urged the president to revamp his cabinet within the first year of his administration.

    He spoke at the 16th edition of the Leadership 2023 conference and Awards holding at the Transcorp Hilton Hotels, Abuja.

    Read Also: Tinubu seeks support for Africa’s battle against arms proliferation, others

    The presidential candidate of the Young Progressive Party (YPP) in the 2019 general election also urged the president to set up a 7-member economic team comprising only economists.

    Moghalu, who delivered a keynote paper titled “Nigeria’s distressed economy, which way out”, said this is necessary if the country is to get out of its current crisis.

    He also applauded the current measure taken by the CBN to tighten cash liquidity.

    Though belated, he said it was necessary given the level of assault carried out on the bank by the last administration.

    He also suggested seven key steps that can help the country get out of the current crisis.

  • Moghalu’s faux lyrical

    Infant lust flaunts deceptive grandeur. It imbues many a man with false sense of self-worth. It goads the ‘worthy,’ leading him by the ego, through providence’s unforgiving labium, till he drowns in pridefulness’ treacherous fount.

    Infant lust has derisory simplicity. En route the last general elections, it corrupted the young aspirant’s rousing chorus.

    It tarnished, for instance, supposedly promising candidate, Kingsley Moghalu’s clarion call; pitching it, like Theodore Roethke’s ‘Elegy for Jane,’ where the bear-like poet, with petrifying, thunderous zest, approaches a delicate being in dangerous nearness.

    Picture Moghalu as the bard, and Nigeria as the ill-fated subject and object of his lust.

    Few weeks ago, Moghalu waxed poetic, faux lyrical if you like, bemoaning Nigeria’s blooming dystopia.

    “There is little to convince anyone that Nigeria values life. If it is not communal clashes, it is tankers and trailers. If it is not malaria, it is cholera…If it is not armed robbers, it is Special Anti-Robbery Squad (SARS),” he lamented to applause, at the TEDx forum in Maitama, Abuja.

    Fast forward to the end of the presidential elections, and the hitherto swashbuckling aspirant of the Young Progressive Party (YPP) and former Deputy Governor (DG) of the Central Bank of Nigeria (CBN) came 14th, polling a measly 21,886 votes against familiar contenders, Muhammadu Buhari’s 15.2 million and Atiku Abubakar’s 11.2 million votes.

    Moghalu is distraught. If he would fail, it shouldn’t be by such ridiculous margin. After all, he was elite-Nigeria’s chosen child, the face of a new, progressive Nigeria.

    Speaking with Arise News TV, recently, he said: “The biggest disappointment was with the youths. The youth vote was absent. They make a lot of noise, they rant and rail but you will not see them on the voting day. And when they vote, they don’t vote in line with their rhetoric.”

    Consequently, Moghalu announced his withdrawal from partisan politics, in order to commit to a movement called, To Build A Nation (TBAN), “a citizens’ movement that will campaign for electoral reform and engage in voter education. Those are the two things this democracy needs if it is to survive,” he said.

    His touted panacea hardly addresses Nigeria’s major afflictions. It smacks of common aspirants’ over-exploited lifeboat solutions.

    As Nigeria careens dangerously by policy failure, lax regulations, insecurity and inadequate investment in the comatose education and health sectors, Moghalu could only knock sweetened banality against the ruling party, APC and its arch rival, PDP’s washed-out bromides on national unity, a vibrant economy, privatisation of the NNPC and security.

    Throughout his campaign, he focused on the political and business elite, students, churchgoers, and supposedly evolved segments of the youth divide. Then his candidacy, presumably, received a remarkable fillip at his endorsement by Nobel Laureate, Wole Soyinka’s Citizens’ Forum.

    But endorsements alone, do not win elections, he would learn. Of course, like other candidates, he enjoys the inalienable right to vie for elective office, but he has no right of entitlement to any public office beyond that granted him by the privilege of popular votes.

    What did he expect? A YPP walkover? About 10-12 million watertight votes in the kitty?

    Like too many cub aspirants, and the PACT collective, Moghalu nursed a fantasy of disrupting the status quo but that was all it was, a futile dream.

    His weaponisation of dejection at his loss, however, manifests ominously; his attack on the youths reveals unheralded aspects of his character. The presidency isn’t a ripe carrot at the end of a stick, nor is it some reward to be earned at the end of a task. Moghalu lusted for the presidential seat but he didn’t earn it.

    His candidacy manifested as an emotive caress, on random youth segments. Even Nobel Laureate, Soyinka, was smitten by his swagger.

    Of course, his party and supporters knew he stood no chance against the devilry and spending power of the big parties, but they idealised his candidacy and romanticised the likelihood of his victory all the same.

    While canvassing for votes, he boasted that he would achieve a lot in four years “largely with the mechanism of four offices: the office of national strategy, the national office of risk management, the office of performance management and the office of human capital development…We’ll run Nigeria like a corporation. I’ll smash a lot of toes. If your toe is stopping progress in this country, I’m going to be your enemy,” he said.

    Yet Moghalu could not articulate, convincingly, what positive impact his ‘four offices’ would have on riverine poetry in the Delta, and the impoverished communities of Sankwala; he couldn’t assert what relief it would bring to terror-stricken, displaced, and orphaned children of Bama and Doron Baga, beyond lyricism and lip-service.

    Of course, he ‘made great sense’ to his elite patrons and endorsers but did he make as much sense to the cart-pusher, the commercial sex worker, peasant farmer, commercial bus conductor, unemployed youth, political hooligan and market woman of the sidewalk?

    He squandered a rare chance to connect across social strata. While the big parties engaged in familiar, cut-throat, monetised politics, Moghalu failed to seize his big opportunity, to establish his presence across Nigeria’s boondocks and suburbs, in order to get the votes that would count, come 2023 polls.

    Instead, he retreated into esoteric enclaves, bandying platitudinous chant to the applause of a fawning crowd.

    If he had won the election, he would have emerged as a pawn and associate of a corporate power structure that he had never been taught to question. He would have ascended as a president capable of looking down, with thinly veiled contempt, on sprawling segments of an illiterate populace irreconcilable to the ‘superior’ mechanisms of his ‘four’ special ‘offices.’

    Moghalu should quit blaming the youths for his abysmal failure at the polls. It’s about time he owned his flaws. Like Hedges’ delusive elites, he chanted a private dialect that manifested as noise to large segments of the youth divide.

    Next time out, he may ditch that cloistered dialect, to achieve a synergy of boondocks lingo and his elevated accent of the elites. An exclusive resort to the latter, would only earn him avertable defeat, come 2023, if he still has the stamina to compete.

    Moghalu should avoid the company and endorsements of corporate con artists and economists, who, having rigged our financial system and industry to serve their selfish interests, laboured to repel Buhari’s anti-corruption drive.

    Yea, Buharism isn’t perfect; the more reason why Nigeria needs the likes of Moghalu to march in virtual lock-step with him in policies and ideology, offering constructive criticisms, uncompromisingly, and with clinical depth.

    The organised dialect of the rostrum reinforces the elitism’s narrow education. It seeks to preserve the predatory nouveau riche raring to usurp power and privileges from Nigeria’s calcified, sit-tight oligarchs.

    It’s about time Moghalu and his ilk jumped into the trenches, to feel and see through electorate skin and eyes. So doing, they may unlearn elite bias, and attain reality’s higher learning.

     

  • Nigerians set to vote President, NASS members

    Nigerians will today (Saturday) go to the polls to elect their president and 469 members of the National Assembly (NASS).

    This is coming a week after the exercise was rescheduled by the Independent National Electoral Commission (INEC) late Friday night (Feb. 16).

    While the electoral umpire would conduct only the presidential and NASS election this Saturday, the poll for the governorship and State Houses of Assembly as well as the Area Council election for the Federal Capital Territory (FCT) would hold on March 9.

    The election will hold at 119,973 polling units across the country, while collation of results will take place in 8,809 Registration Areas or Wards, 774 Local Government Areas, 36 States and the FCT.

    The polling units are expected to open by 8 a.m. and close by 2 p.m. with the last person on the line allowed to vote.

    INEC had said that the use of Smart Card Readers and Permanent Voter Cards were compulsory for the elections.

    The major presidential contenders are incumbent President Muhammadu Buhari of the All Progressives Congress (APC) and former vice president Atiku Abubakar of the Peoples Demographic Party (PDP).

    Read Also: 12 presidential candidates back Buhari

    Others include Prof. Kingsley Moghalu of the Young Progressives Party (YPP), Omoyele Sowore of the African Action Congress (AAC), Felix Osakwe of the Democratic People’s Party (DPP), and Christopher Okotie of Fresh Party.

    For the National Assembly elections, a total of 1,904 are vying for 109 Senatorial seats, while 4,680 candidates are competing for the 360 seats in the House of Representatives.

    Specifically, Nigeria’s NASS is made up of 109 members of the Senate or Red Chamber and 360 members of the House of Representatives or Green Chamber.

    The total number of registered voters in the country is 84,004,084, with 44,405,439 (52.86 per cent) as male, and 39,598,645 (47.14 per cent) as female.

     

     

  • Ohanaeze cannot influence Igbo voters -Moghalu

    Chief Kingsley Moghalu, presidential candidate of the Young People’s Party (YPP), says the endorsement of a particular candidate by Ohanaeze Ndi 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 now wise 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 has done much for Nigerians to deserve their votes in Feb. 23, poll.

    Read Also: Moghalu storms Lagos for presidential campaign

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

    “I introduced POS services; the ATM card was also my initiative as well as Bank Verification Number (BVN) 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.

  • Third Force Coalition adopts Hashim-Olawepo consensus candidate

    Over 7 million Nigerians, mostly youths and women, have picked People’s Trust (PT) presidential candidate, Gbenga Hashim-Olawepo, as the most preferred among the new breed of presidential hopefuls.

    Hashim-Olawepo emerged the most popular choice at the end of an online voting exercise on Thursday.

    He was picked ahead of five presidential candidates, including Donald Duke of SDP, Kingsley Moghalu of YPP, Fela Durotoye of ANN and Omoyele Sowore of AAC.

    The poll moderator and spokesperson of Alliance for Defence of Democracy ADD, organisers of the third force primary polls, declared the PT candidate winner of the contest.

    He is thus expected to slug it out as the consensus third force candidate with President Muhammadu Buhari of the APC and Atiku Abubakar of the PDP on Saturday.

    Read Also: Presidential candidate decries bad leadership

    7, 539,000 voted in the poll conducted online by Alliance for Defence of Democracy ADD, a newly launched advocacy Coalition of third force stakeholders.

    Spokesperson of the Tactical Selection Council, Prof Anthony Kila, who is also the Director of Centre for International and Advance Studies CIAPS, announced Olawepo-Hashim garnered 5,735,000, while his runner up, Sowore Omoyele bagged 2,342,000.

    Former Governor of Cross Rivers State, Donald Duke of SDP pulled 2,310,000 votes while Kingsley Moghalu of YPP recently endorsed by literary giant, Prof Wole Soyinka,  came fourth with 1,950,000 votes.

    Fela Durotoye of ANN secured 1,570,000 votes to emerge fifth.

    Kila said by the historic consensus arrangement of the third force movement, the winner has become first among equals and shall be expected to form a coalition government of National unity and reconciliation to return Nigeria on the path of stability and economic prosperity ADD, according to Kila, will be opening  its situation room for the 2019 elections today from where the coalition will monitor election progress and also give instructions to its elections vigilantes to curb all forms of rigging from any party.

     

  • Why we endorsed Moghalu, by Soyinka

    The Citizen Forum 2019, led by Nobel Laureate, Professor Wole Soyinka, has explained why it endorsed the presidential candidate of the Young Progressives Party (YPP), Kingsley Moghalu, for Saturday’s election.

    It said the former deputy governor of the Central Bank of Nigeria (CBN) has the knowledge and skill to govern Nigeria.

    The forum, in a statement to The Nation signed by Soyinka, said Moghalu was chosen by the forum after months of consultations and interactions with Nigerians, especially opposition contenders for the presidency.

    The endorsement came days after Soyinka said neither President Muhammadu Buhari nor former Vice President, Atiku Abubakar, would get his vote.

    The statement added: “Over the past few months, we studied the careers, experiences and track records of most of the presidential aspirants, and most intensely those actually short-listed by the opposition parties themselves.

    “Like millions of Nigerians, we watched the debates. I physically interacted with some of the acknowledged top contenders, in some cases several times. We participated in HANDSHAKE ACROSS NIGERIA, where some candidates presented their briefs. Among others, I delivered a keynote address. We watched television interviews. We have exchanged notes with highly respected international Civil Servants.

    “The drive towards Consensus among these dedicated groups sometimes took the form of test questionnaires to the aspirants, including items such as: ‘Who among the contestants would you choose, if you did not emerge as the ultimate preference?’

    “There was nothing complicated about assessment parameters: mental preparedness, analytical aptitude, response to the nation’s security challenges, economic grounding, grasp of socio-political actualities, including a remedial concern with the Nigerian image in foreign perception etc. etc. not forgetting a convincing commitment to governance and resource decentralization – commonly referred to as Restructuring. “

    It rejected the idea that the electorate had only two realistic choices at polls.

    “Let me reiterate: there is over-abundant, but stifled leadership material, and there can be no excuse, now that that potential of high quality is being manifested, for constricting the political space in a population that is nudging two hundred million.

    “And that statement is of course specially addressed to those who took part in this exercise, those who deliberated opted out of it, some of whom were assessed anyway. Such potential compelled us to exercise utmost rigour in what proved to be a most daunting exercise. The final determination however is – the flag-bearer of the Young Progressive Party – KINGSLEY MOGHALU.”

    “I shall conclude with a somewhat interesting aside. I met Moghalu again on Monday morning, February 4th, and informed him of the Forum’s decision. During our discussion, I happened to ask him – what is the meaning of Moghalu. I was curious, because it had taken quite some time along the way for me to know to which ethnic group the name belonged. He replied, it means – “Evil Spirit, Leave me Be!” Then I asked him for his other names and he spelt them out:  “Actually my full names are Kingsley Chiedu Ayodele Moghalu”. Eyebrows raised, I asked, How come, Ayodele?  A piquant revelation resulted: “Oh, that came from Mrs. Funmilayo Ransome-Kuti. She was friends with my father. Mrs. Kuti was my godmother, and she gave me the name Ayodele”.

    “I was learning this for the first time. Moghalu’s CV is however in the public domain – his publications, record, and vision. The above is just a side-note that contains its own mild, thought provoking instruction, for those who care to examine the distractions of ethnic equivocations, and the rigid mind-sets and stereotypes imposed on products of circumstance.

    “That immediate task being now completed, Citizen Forum will now join forces with those who pray, “Evil Spirit, leave us be!” – at least those who subscribe to the belief that political elections are not a Do-or-Die Affair!”

  • 2019: ‘My administration will focus on high level of intelligence gathering’

    Some candidates in the forthcoming presidential poll on Saturday, made public their strategies to tackle insecurity in the country.

    The candidates disclosed their plans at a debate organised by the Nigerian Election Debate Group in collaboration with the Broadcasting Organisation of Nigeria (BON) in Abuja.

    The candidate of the Young Progressives Party (YPP) Prof. Kingsly Moghalu said he would abolish corruption in the military if elected as president.

    Moghalu said his administration would ensure high level of intelligence gathering among the locals while collaborating with neighbouring countries to tackle terrorism.

    He identified bad economy as the major factor feeding insecurity in the country saying if elected, his administration would ensure the economy booms.

    Moghalu said that additional policemen would be recruited, trained and equipped to create a 21st century police force that would tackle kidnapping and other crimes.

    On his part, the candidate of the Alliance for New Nigeria (ANN) Mr Fela Durotoye said if elected, he would ensure security agencies are strengthened to do their job well.

    Durotoye said under his administration, the leadership of security agencies would not be based on sentiment but competence and professionalism.

    He said men and officers of various security agencies would be properly motivated with modern and standard equipment, vehicles among others.

    Durotoye said his administration would ensure that officers and men of the military would be properly taken care of while they are alive and their families would be catered for when they pass away.

    He said under his watch, security would be in the hands of the citizens as he plans to run participatory government with a new ideology.

    Also, Prof. Oby Ezekwesili of the Allied Congress Party of Nigeria (ACPN) said she would send a sharp message that “there is a new sheriff in town.”

    According to her, those who engage in savagery know that there is no consistency for their actions as the judiciary has not convicted anyone.

    Ezekwesili said if elected, she would ensure a SWART team for quick response and technology would be deployed to gather intelligence.

    She said her administration would ensure that intelligent officers would be identified and given leadership roles(NAN)

  • Nigeria needs different kind of leadership – Moghalu

    The Presidential candidate of the Young Progressives Party (YPP), Kingsley Moghalu, says Nigeria needs a different kind of leadership that will transform the country and make it the envy of other nations.

    Moghalu stated this on Saturday in Abuja at the 2019 Presidential Debate orgnaised by the Broadcasting Organisation of Nigeria in partnership with Nigerian Election Debate Group and some other bodies.

    He  said if he elected as the country`s next president, his administration would address the root course of its challenges.

    Moghalu, who is venturing into politics for the first time, and a former Deputy Governor of the Central Bank of Nigeria (CBN), saidhis administration would restructure the country using the constitution.

    He further said that women and the youth would be recognised in his administration, adding that skill acquisition centers would be created in all parts of the country while access to loan would be made possible for small and medium scale business.

    Also speaking at the debate, Mr Fela Durotoye, presidential candidate of Alliance for New Nigeria (ANN) who claimed to be a business man and a nation builder, said he was poised to deliver everything that needed to take Nigeria to an enviable height.

    Durotoye said it was regrettable that in spite of its natural resource, Nigeria had yet to achieve its full potentials.

    He alleged that the country`s past leadership had failed the people, saying that he would restore hope to Nigerians if elected as the country`s next president on Feb. 16.

    “Together, we will all build a nation that will work for us,“ he said.

    Mrs Oby Ezekwesili, a fomer Minister of Education and the presidential candidate of the Allied Congress Party of Nigeria (ACPN),also blamed the country`s present challenges on the failure of its past leadership.

    The ACPN presidential candidate further decried the poverty level in the country which she said was caused by leadership failure.

    “I have been a technocrat that knows what it takes to fix the country`s problems, I have the capacity, the competency and the character to take on this new leadership that our country deserves, “ she said.

    The News Agency of Nigeria (NAN) reports that President Muhammadu Buhari, the presidential candidate of the All Progressives Congress (APC) and Alhaji Atiku Abubakar, the presidential candidate of the Peoples Democratic Party (PDP) were supposed to be at the debate.

    While President Buhari was,however, unable to make it to the debate, Atiku briefly showed up but did not participate in the debate. (NAN)

  • I’ll make Nigeria modern nation, if elected – Moghalu

    Kingsley Moghalu, the Presidential candidate of the Young Progressives Party (YPP), has said that his party will make Nigeria “a modern nation” by driving the economy through innovation, if voted into power.

    Moghalu made the promise on Wednesday in Abuja at a town hall meeting organised by the Nigeria Television Authority (NTA) and Daria Media with support from the MacArthur Foundation.

    He said it was unfortunate that many innovations in the country could not see the light of the day.

    The town hall meeting tagged: “The Candidates“ is a two-hour televised series between the Presidential and Vice Presidential candidates of four leading political parties.

    The parties were selected from the results of multiple polls aggregated by the Centre for Democracy and Development.

    Moghalu said that the time to transform the country had come, but that the challenges of the 24th century Nigeria needed a vibrant leadership to address them.

    Moghalu, who is venturing into politics for the first time, is a former Deputy Governor of the Central Bank of Nigeria (CBN).

    He said if elected as the nation`s next president on Feb. 16, he would drive the economy with innovations by encouraging innovations and growth of small businesses.

    He said his party would ensure that the current N500 billion social intervention fund was effectively used to improve the lots of Nigerians.

    The candidate said his administration would put the fund into a productive capital venture that would create and allow people to run their businesses within six months of assuming office.

    This, Moghalu who became the YPP presidential candidate in September 2018, said he would guarantee wealth and job creation in the country.

    He added that he would declare his asset as required by the law before assuming office, saying that his most important asset was his intellectual property.

    “My being educated has showed me what Nigeria should be in terms of economy, infrastructure, and the well being of the people, and I will use my education to improve the lots of the people, “ he said.

    He also said his party, the YPP would fund its campaign from proceeds from voluntary contributions of its members and public-spirited individuals, adding that he did not have a political godfather.

    “I joined politics to run for the presidency using my own money, I have spent over N200 million of my personal money so far, I do not have any political Godfather,“ he said.

    According to the organisers of the town hall series, President Buhari and his running mate, Vice President Osinbajo would feature on the programme on Jan. 16, while Omoyele Sowore and his running mate, Rabiu Rufai, would feature on Jan. 23.

    The organisers say Atiku Abubakar and his running mate, Peter Obi, would be feature on the programme on Jan. 30.

    The platform provided an opportunity for the studio audience which included Civil Society Organisations, Diplomatic Corps and some members of the general public who had applied online to directly interact with the presidential candidate and his running mate.

    The event was also streamed online at www.dtv.media to enable Nigerians in the diaspora and those not near television screens to participate.(NAN)