Moghalu is expected to announce his interest in the 2023 presidency with his membership of the ADC, a relatively bigger party than YPP.
The former deputy governor of the Central Bank of Nigeria (CBN), Professor Kingsley Moghalu, has announced that he is joining the African Democratic Congress (ADC).
Moghalu was the presidential candidate of the Young Progressives Party (YPP) in the last election. He quit the party after the vote.
At a press conference, he held today, Friday, October 8, Moghalu said: “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.”
Moghalu said he looked forward to a close collaboration with the party’s chairman, Ralph Nwosu, the party’s national executive committee, and chair of its board of trustees among others.
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 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 ethnocentric politics,’’ Moghalu stressed.
According to Moghalu, Nigeria’s big political parties have failed Nigerians and voting for them again in 2023 will amount to a waste of votes.
Moghalu, a lawyer and political economist was the presidential candidate of the Young Progressives Party (YPP) in 2019 presidential election.
He left the YPP in October 2019 and did not join any other party since then
