Absence of world view, bane of Nigeria’s dev’t — Moghalu

A former Deputy Governor of the Central Bank of Nigeria (CBN) and a 2019 presidential aspirant, Prof. Kingsley Moghalu, said yesterday that Nigeria’s development has been stunted by what he called “absence of leadership that has a world view.”

Moghalu said that was what he hoped to bring to bear if he became president.

A political economist who recently declared to contest on the platform of Young Progressive Party (YPP), Moghalu, said he was optimistic that he would be sworn-in as president in 2019.

According to him, Nigerians were tired of the status quo and this explained why many young candidates had come out to declare for the presidency.

He did not, however, foreclose alliance with the younger candidates though he said he was in the race to win.

The former CBN director also picked holes in the management of Nigeria’s economy which, he said, had had no philosophy and world view.

“Our economy is being managed at ad hoc level,” he stressed, adding that the economy must be innovation driven to achieve the desired results.

He said the outcome of the 2019 elections would shock Nigerians.

“I have a world view and as a Nigerian, I care about the quality of life of an average poor Nigerian. The big political men that are constantly looking for power don’t think this way. They don’t think long term, they are thinking about the now, they want to be the ‘lord of the manure’ right now, that is their mind-set.

“In 2015, for the first time since our democracy was restored, citizens voted out an incumbent because they were not happy. In 2019, it would be the second term that an incumbent would be voted out because they are not happy,” he said.

Moghalu also stressed the need for restructuring which, he said, would stabilize the country and stop the cries of marginalization by ethnic nationalities.


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