Moghalu holds Oxford lecture on Nigeria’s political economy

Moghalu holds lecture live in person and online

By Jeph Ajobaju, Chief Copy Editor

Kingsley Moghalu, a professor and many other things rolled into one, will on November 24 hold a public lecture on Nigeria’s political economy at Oxford University, England which will be both live in person and online.

He will speak on “The political economy of Nigeria: challenges and opportunities for reform”, drawing on his varied background spanning the United Nations, Central Bank of Nigeria (CBN), as former presidential candidate, and now Visiting Fellow at Oxford Martin School at the University of Oxford.

He notes that Africa’s most populous country and largest economy is inhabited by dynamic and talented citizens but faces steep challenges in development, leadership and governance.

“Poverty is widespread. The country is currently embattled by terrorism, general insecurity, a depressed economy, and by challenges from separatist agitations to the existential legitimacy of the Nigerian state.

“How can Nigeria achieve transformation economically and politically?” Moghalu asks.

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Tracing Nigeria’s dysfunction

Moghalu says the lecture takes a political economy approach into the Nigerian conundrum and traces its dysfunction through the backdrop of

• Nigeria’s foundation as a British colony
• Contemporary challenges of nationhood and political order formation

• Resource curse of oil, corruption
• Absence of a strong leadership culture

He identifies not just seven critical challenges, but also offers seven paths to reform and a longer term resolution of Nigeria’s political and economic challenges.

He says the result, if his prescriptions happen, could be the long-delayed emergence of Africa’s first truly indigenous global power.

This talk is live in person at the Oxford Martin School and also online.

• To register to watch online: www.crowdcast.io/e/the-political-economy-of-nigeria

• The talk will also be streamed via YouTube, but you will not be able to take part in the interactive Q&A session unless you join the talk on CrowdCast. 

There is no need to register for the YouTube streaming.

Biography

Moghalu is the Oxford Martin Visiting Fellow on the Oxford Martin Programme on African Governance, University of Oxford, for the Michaelmas Term in 2021.

He served as CBN Deputy Governor from 2009 to 2014, leading the execution of extensive reforms in the Nigerian banking sector and the payments system.

He was subsequently appointed Professor of Practice in International Business and Public Policy at The Fletcher School of Law and Diplomacy at Tufts University.

He is a Non-Resident Senior Fellow in the Council on Emerging Markets Enterprises at The Fletcher School, and the CEO of Sogato Strategies LLC, a global investment advisory firm.

Moghalu previously worked for 17 years in political, legal and external affairs roles at the United Nations headquarters in New York and in duty stations in Cambodia, Croatia, Rwanda, and Switzerland, rising to the rank of Director.

He was a presidential candidate in Nigeria’s election in 2019. He is the author of a number of books, including Emerging Africa: How the Global Economy’s Last Frontier Can Prosper and Matter (Penguin, 2014).

He obtained his PhD degree in international relations at the London School of Economics, MA at The Fletcher School at Tufts University, and LL.B. from the University of Nigeria, Nsukka.