In Place Of Prevailing Poverty, I Offer Something Different – Moghalu

A former Deputy Governor of the Central Bank of Nigeria, Prof. Kingsley Moghalu, has thrown a jibe at President Muhammadu Buhari’s re-election declaration, stating that he has something better and different in place of the prevailing poverty.

Buhari on Monday stunned the country when he declared that he will be seeking re-election.

But in a statement on Tuesday, Moghalu said while it was Buhari’s right to seek re-election, it was up to Nigerians to judge his performance track record so far.

“In contrast with that record of increasing poverty and insecurity in our country I offer my vision of something new, bold and different. I offer a new kind of competent, inclusive and effective leadership that will truly usher Nigeria into the 21st century and build a better future for our children and youth,” Moghalu said in a statement.

According to the Professor of Practice in International Business and Public Policy at The Fletcher School of Law and Diplomacy at Tufts University, he said if he is “elected President of Nigeria in 2019, I will lead a government that will unite Nigeria and build a stable and secure nation, reverse extreme poverty and high unemployment with effective economic management, and restore Nigeria’s standing in the world.

“My government will establish a productive innovation-led economy that reduces dependence on oil revenues, establish a public-private venture capital fund with a minimum capital of N500 billion (with private sector co-investment to fund could attain a size of N1 trillion) to create jobs by investing in new businesses by unemployed youth, reform the Nigerian Police Force by recruiting, training and equipping a minimum of 1.5 million persons with improved remuneration to create safe and secure communities, empower women with a 50:50 gender parity policy in political appointments, and initiate a constitutional restructuring of Nigeria to restore true federalism for stability and prosperity.”