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Nigeria 2019 Elections: Ex-CBN Deputy Gov, Kingsley Moghalu Joins Presidential Race

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THE former deputy governor of the Central Bank of Nigeria and founder of the Institute of Governance and Economic Transformation, Professor Kingsley Moghalu  has announced he is running for president, explaining  that he is taking a stand to unify Nigeria beyond ethnicity to break the stranglehold that the current political class has on leadership, to put the country on the right path and move it forward.

He  declared his intention during a press conference held at the Shehu Musa Yar’Adua Centre, Abuja on Wednesday, 28 February, 2018.

Moghalu stated his vision extensively in his recently launched book, ‘Build, Innovate and Grow: My Vision for Our Country’.

“We must stop recycling failed politicians and regenerate our leadership ranks with competent and experienced young men or women. Youths who have prepared themselves with the relevant qualifications must take over the mantle of leadership because this struggle is about the future of Nigeria, not its past. Strong, knowledgeable guidance is needed, and I offer myself for service with a solid track record of leadership,” he said.

Emphasising the importance to modernise Nigeria, the candidate also averred that competence, capacity, and character are required to reorient Nigeria into a strong and capable country – qualities that citizens should demand their president should possess.

“If it is about competence, my work as a Deputy Governor of the Central Bank of Nigeria who played a leadership role in rescuing and stabilising the Nigerian banking system after the global financial crisis speaks for itself. In capacity, working in the United Nations to reconstruct countries torn by civil war or internal reform of the world body is there for everyone to see. About character, my colleagues, mentors, friends, and of course, my family are there to answer anyone,” he stated.

Professor Moghalu also explained that although he has been approached by a number of political parties, he would still focus on the people of Nigeria rather than parties that have been vehicles for capturing power. He stated that his decision to join any political party will be based on commonality of vision and the importance of a generational shift in political leadership, as he promised that his decision will soon be announced.

A global leader who has made contributions to the stability, progress and wealth of nations and communities across academia, economic policy, entrepreneurship, diplomacy and more, Kingsley Moghalu has taught and inspired citizens from more than 40 countries in North America, Europe, Africa and Asia, mentoring men and women for leadership roles in business, military intelligence, non-profits, and government service.

As Deputy Governor of the CBN from 2009 – 2014, he also led the execution of extensive reforms in the Nigerian banking system after the global financial crisis. He has also had extensive experience working for the United Nations from 1992 – 2008, where he retired from in the highest career bracket as a Director.

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Politics

Osun 2026: Oyo APC Backs Oyebamiji, Urges Voters to Reject Adeleke

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As attention shifts to Osun State ahead of Saturday’s governorship election, the All Progressives Congress (APC) in Oyo State has urged voters to support its candidate, Asiwaju Munirudeen Bola Oyebamiji, saying the state needs a change of leadership.

The Independent National Electoral Commission has fixed August 15, 2026, for the Osun governorship election. The contest is expected to be closely fought, with incumbent Governor Ademola Adeleke of the Accord Party seeking a second term and Oyebamiji flying the APC flag.

In a statement issued at the weekend and made available to journalists in Ibadan by its Publicity Secretary, Olawale Sadare, the Oyo APC said the need for quality leadership, effective representation and equitable distribution of resources informed its call for a change of government in the state.

The party alleged that Osun had suffered from poor leadership, nepotism and uneven development under the present administration.

“Regrettably, Osun and Oyo states fell into the wrong hands in 2022 and 2023 respectively, and the sad results of this development are evident in the key sectors of both states today,” the statement said.

The party further alleged that political and social divisions had deepened in Osun, while appointments and infrastructure were not being distributed fairly across communities.

It also criticised the relationship between the two states and other states in the South-West, attributing what it described as political differences to the situation.

The APC, however, said the forthcoming election provided Osun voters with an opportunity to change the direction of the state by electing Oyebamiji, whom it described as competent, intelligent and capable of uniting the people.

“Fortunately enough, the good people of Osun State have been offered another opportunity to get it right by electing a competent, intelligent and unifier as their new governor.

“Dr Bola Oyebamiji of the APC is the ideal man for the job and he will not disappoint if elected, as he is prepared to deliver on his electoral promises,” the party said.

The Oyo APC also urged voters to reject violence and what it described as brigandage, promising that an APC administration would prioritise peace, accountability and accelerated development in the state.

The statement came as the major contenders intensified their campaigns ahead of Saturday’s poll, with Oyebamiji, Adeleke and the African Democratic Congress candidate, Najeem Salam, among the leading contenders in the race.

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‎Oyo: Oseni Supports Gbagi/Ogunpa Traders With N50m, 5 Boreholes, 200 Solar Lights

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• rallies support for Tinubu, APC

The All Progressives Congress (APC) candidate for Oyo South Senatorial District, Hon. Aderemi Oseni, has supported traders at Gbagi/Ogunpa Market in Ibadan with a N50m grant, five boreholes and 200 solar-powered lights.

Oseni, who represents Ibarapa East/Ido Federal Constituency in the House of Representatives, announced the interventions during an enlarged meeting with the leadership and members of 11 traders’ associations in the market on Tuesday.

According to the Chairman, House Committee on Federal Roads Maintenance Agency (FERMA), the N50m grant was to strengthen the traders’ businesses and helping them cope with the challenges affecting their businesses.

‎The lawmaker said the five boreholes would improve access to water in the market, while the 200 solar lights would enhance security and trading activities. He added that the lights were also part of his support for the traders’  ‘Light Up Ogunpa’ initiative.

Oseni urged the traders to support President Bola Tinubu and other APC candidates, saying the Federal Government’s economic reforms were aimed at addressing some of the challenges confronting the country.

He cited the removal of fuel subsidy, the establishment of the Nigerian Education Loan Fund (NELFUND) and increased investment in infrastructure as some of the measures being implemented to redirect resources to areas with wider social and economic benefits.

“Some of these reforms have come with sacrifices, but we must also look at what they are intended to achieve. Resources that were tied down can now be deployed to infrastructure, education and other areas that directly affect the people,” Oseni said.

The APC chieftain also said the reforms in the foreign exchange market had addressed the previous multiple-rate system, adding that periods of relative stability showed that the measures were beginning to address some of the distortions in the system.

“We may not have reached where we want to be, but there have been changes. The foreign exchange market has been reformed, and now the benefits of these reforms are gradually reaching ordinary Nigerians,” he said.

The traders, represented by the leader of the Footwear Dealers Association of Oyo State, Elder Kolawole Alabi, and the President of the First Gbagi Ogunpa Joint Traders Association, Olaitan Adams, commended Oseni for the interventions.

They described the engagement as significant, saying it demonstrated that the lawmaker understood the challenges confronting traders and small business owners.

The traders pledged their support for Oseni, Tinubu and other APC candidates in the forthcoming elections.

 Contained in a statement by his media aide, Idowu Ayodele, and made available to journalists, the lawmaker stressed that the intervention was part of his  continued engagement with traders, artisans and other stakeholders across Oyo South.

‎The statement added that Oseni would continue to support initiatives capable of improving livelihoods and strengthening grassroots businesses, maintaining that  effective representation must produce tangible benefits for the people.

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‎Rep Oseni Gives Ibadan Motor Parts Dealers N90m Support, Donates 100 Solar Lights

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The All Progressives Congress (APC) candidate for Oyo South Senatorial District, Aderemi Oseni, has unveiled a N90 million support package for motor parts dealers at the Araromi Gate Market in Ibadan, Oyo State.

‎Oseni, who represents Ibarapa East/Ido Federal Constituency in the House of Representatives, announced the intervention on Saturday during an engagement with traders at the market.

‎The package comprises a N50 million interest-free revolving loan and a N40 million grant for traders operating in the four major sections of the market — car, lorry, tyre and iron.

‎In addition to the financial support, Oseni donated 100 solar-powered streetlights to the market and pledged to take responsibility for the monthly salaries of the market’s Baale and chiefs.

‎The lawmaker said the intervention was designed to strengthen the businesses of the traders and improve their contribution to the local economy.

He said, “The motor parts dealers are critical drivers of the local economy. We must continue to support them so that they can expand their businesses, improve their livelihoods and contribute more to the economy.”

‎Oseni explained that the N50 million revolving loan would be provided without interest, while the N40 million grant would serve as an empowerment package for traders across the four sections of the market.

‎He said the provision of solar-powered streetlights was also intended to improve security and extend the conducive environment for commercial activities within the market.

‎The APC candidate further called on the traders to continue supporting the administration of President Bola Ahmed Tinubu, saying the Federal Government’s reforms were beginning to produce positive results.

‎He also appealed for the support of the traders for APC candidates in the state, expressing confidence that the party would emerge victorious in the forthcoming elections.

‎Earlier, the Chairman of Araromi Gate Market Motor Parts Dealers, Alhaji Ojo Azeez, commended Oseni for his contributions to the development of Ibarapa East/Ido Federal Constituency.

‎Azeez said the traders had confidence in Oseni’s leadership and ability to fulfil his promises.

‎“We believe in your achievements so far. By the grace of Almighty God, you shall defeat your opponents hands down,” he said.

‎The chairmen of the four sections of the market also pledged their support for Oseni, President Tinubu and other APC candidates.

‎The meeting was attended by the Baale of the market, Alhaji Raimi Ewebiyi, as well as leaders and representatives of the various groups and sections within the market.

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