Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria and politician, has stated that he will not join another political party after losing the African Democratic Congress presidential primaries (ADC).
Moghalu was the Young Progressives Party’s presidential candidate in the 2019 elections, but he defected to the ADC in the run-up to the 2023 party primaries to pursue his presidential ambition.
Moghalu resigned from the ADC after losing the primaries to Dumebi Kachikwu on June 8 in Abeokuta, Ogun.
Moghalu said in a statement on Monday that he had received numerous invitations from other political parties to run for president in the 2023 general election on their party platforms.
“Notwithstanding, I have opted not to be a candidate in this electoral cycle.”
He said, “At this time, I have no plans to become a member of any other political party for the purpose of the 2023 general elections.
“However, I intend to remain keenly engaged in our country’s immediate future, including the elections, with contributions that are appropriate and can be helpful to nation-building.”
Moghalu claimed many political associates, supporters and other Nigerians have wondered over the past couple of weeks what his next steps would be since he resigned membership of ADC on grounds of principle after the party’s recent presidential primaries.
He explained that his campaign was always based on a vision for Nigeria as set out in his manifesto book, Build, Innovate and Grow (BIG), and a desire to serve, “not on any inordinate personal ambition.”
The presidential hopeful said he was humbled by the recognition of the strength and impact of his political brand in the country today by the parties that invited him to take their ticket.
“To my supporters who already have tickets from party primaries to contest for down-ballot electoral offices under the ADC, you have my full support for your electoral races and my prayers for your victory.
“To those who held tickets but resigned from the party in solidarity with me, and who still wish to contest elections, there are alternative avenues that can be explored.
“For those supporters and the general public who have intended to vote for me as a presidential candidate in the general elections had I emerged as one, I ask you to cast your support and ballot in the 2023 election to the candidate that comes closest to our shared vision of a Nigeria that is secured, united, and prosperous.
“The best chance to achieve this vision is under transformative leadership that represents a break from the old political order,” he said.
He affirmed that a better Nigeria is possible and the journey to bring this vision into reality is a most urgent and essential one.
“Our children must experience a tomorrow that is much better than our today,” he added.