A former Deputy Governor of the Central Bank of Nigeria, Dr. Kingsley Moghalu, has vowed to ensure that the country is completely restructured within two years if he is elected president of Nigeria in 2019.
Moghalu, a renowned economist, recently declared his intention to run for the nation’s highest post.
Speaking on the main highlights of his manifesto in an interview with The Sun, Moghalu said, “I will run a competent and inclusive government from day one after my swearing in. There will be no waste of time because we would have used the time between our election victory and swearing in to form the government. Number two, you are going to see a different type of economy in Nigeria under my presidency. We are going to reposition the economy to run on the basis of innovation and human capital. We are not going to run an oil based economy. Number three, we are going to embark on and achieve the constitutional restructuring of Nigeria within two years of my government. So these are just highlights.”
Asked how he would surmount the obstacles that might face him in his vision of achieving complete restructuring, such as the National Assembly, he said, “I think a consensus in favor of restructuring for development and stability of our country has been formed among a majority of Nigerians. Nigeria is not working in its current form. So, yes there will be a process of consultation with all parts of the country. It is going to be an inclusive, participatory and consultative process.”
Moghalu also described the government of President Muhammadu Buhari as a “colossal failure”.
He said, “My assessment is that this current administration has been a colossal failure. We are insecure in our homes and communities because of marauding herdsmen, kidnappings and Boko Haram. Our economy is in the dungeons. Transparency International has released a report showing that corruption has increased in Nigeria. My government will fight corruption with an approach of impartial accountability starting with the people around me as President, and closing the systemic loopholes such as budget padding and the process of awarding contracts.”
Moghalu added that he had decided not to reveal the political platform he would be running on yet so that Nigerians would have enough time to assess his capabilities first before focusing on platforms.