Former Deputy Governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu, on Tuesday, formally joined the 2023 presidential race after paying the compulsory N25m to pick the Expression of Interest ans Nomination forms of the African Democratic Congress (ADC)
The presidential aspirant, who spoke to correspondents at the ADC national secretariat in Abuja said that politics in Nigeria should be detribalised for the nation to grow and take its rightful place in the comity of nations.
He maintained that the country has a lot of competent leader in all tribes and religions who can move it out its current quagmire, adding that time has come for Nigeria’s technocrats, intellectuals and experienced people to take over power from Nigeria’s career politicians.
He however argued that the geo-political zones which were yet to produce the president of the country should be given the opportunity to do so come 2023, even as he promised to tackle the challenges of insecurity, inflation and the wobbly education sector.
He said, “As president, I will reform the Nigeria Police Force. I will increase the police from 250,000 to one million operatives. It is through effective intelligence gathering that we can fight terrorism and win.
“We will take out whatever threatens the nation’s security, because the political will to secure Nigeria is there.”
Speaking on the state of the economy, the former CBN chief said that he would strengthen the leadership of the apex bank to achieve true independence, necessary for tackling the country’s hyperinflation.
“Inflation is the most act on the poor. It erodes the ability of households to save and devalues the purchasing power of the currency.
If there’s high inflation, then it is a performance failure. When I become the president, I will ensure we have an independent CBN with competent leadership,” he said.
Moghalu also promised to channel about 20 percent of the country’s annual budget to education in order to revamp the sector and permanently end the recurring ASUU strike debacle.
Earlier, the ADC national chairman, Chief Ralph Okey Nwosu, said that with credible people joining the presidential race, Nigeria was on a march to greatness; adding that the country would become a global super-power only with competent leadership.
