Nigeria not irredeemable, but damage very deep – Moghalu - Punch Newspapers

Professor Kingsley Moghalu, a former deputy governor of Central Bank of Nigeria and the presidential candidate of the Young Progressive Party in the 2019 election, shares his thoughts with RAPHAEL EDE on the need to change the political leadership to a more economics-literate government and other issuesnaira has continued to fall against the dollar and other major foreign currencies.

I don’t think so. I know some talks have been going on among some political parties. Let us see what happens, if this can be achieved in the first quarter of 2022 or not. Nigeria is still running a mono-economy that is largely dependent on oil revenue despite the much talk about agriculture. How can the government show more commitment towards diversifying the economy?

It is obvious that the old ways of thinking and doing politics have not worked for us as Nigerians. But it requires us, each one of us, to have the courage to cast our votes in a different direction instead of repeating the same patterns that have only delivered increasing poverty, unemployment, terrorism and general insecurity in the land.The real problem in Nigeria is not power shift, but the capacity and competence of the individuals that we choose when we do the power shift.

Well, in a democracy, there will be many views rather than just one voice. The important thing is to achieve consensus based on what is in the best long-term interest of our country and its stability and unity.

DISINTEGRATION/BREAK UP is the only Solution

Chai, how is d Nigeria nation that is beginning 2 become economically powerful & commanding d respect of western nation,even forcing them 2 unban us after we gave them economic threat b damaged,some politicians are economically clueless & do not know how to measure progress

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