A former presidential candidate in the 2019 general
elections and former Deputy Governor of the Central Bank of Nigeria, Prof.
Kingsley Moghalu, has warned that Nigeria may collapse without a competent
president.
He said this when he hosted the candidate of the African
Democratic Party in the November 6 governorship election in Anambra State, Nzeh
Akachukwu.
According to him, the sudden U-turn by the Senate on
electronic transmission of results, ahead of the critical general elections,
was a positive signal that the 2023 general elections would be transparent.
Moghalu, now a chieftain of the ADC, also called on
Nigerians, especially young people, to register in order to be eligible to vote
in 2023.
He said, “This government will go down in history as a
government that has embarked on profligate and irresponsible borrowing to an
extent that has never happened in the history of this country. And the sad
thing is that these loans are not productive.
“I feel that there is an element of callousness in this
direction of economic policy because I feel there is a sense that 2023 will
come we will walk away from it and somebody else will handle it. That is what I
perceive because despite all the criticisms from the business community, from
economists all over the country, and from citizens, they just continue to
borrow.
“So, there is no responsiveness to the cries of Nigerians
that they are mortgaging our future. There is no solution therefore that is not
a political solution in 2023. Politics as usual is a no-go area for Nigeria in
2023. Otherwise, this country will literarily collapse into an Afghanistan-like
situation if in 2023 we do not elect a government led by a President that is
economically competent and sound to begin to turn around our economy. That must
be our number one priority. If we just play politics as usual – politics
without governance – we get very bad outcomes.
“It will just keep getting worse. There is hope but that
hope rests in the decisions that Nigerians make in 2023.”
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