Kingsley Moghalu

Kingsley Moghalu

Kingsley Moghalu, Presidential Candidate of Young Progressive Party (YPP)

Profile:

Kingsley Moghalu is a Political Economist, Lawyer, former United Nations Official, and Professor of International Business and Public Policy. Kingsley attended the Federal Government College Enugu and proceeded to obtain his LL.B. (Honours) degree in law at the University of Nigeria, Nsukka in 1986. He is the Founder of Sogato Strategies LLC, and a Senior Adviser of the Official Monetary and Financial Institutions Forum (OMFIF). Moghalu served as Deputy Governor of the Central Bank of Nigeria from 2009 to 2014. Moghalu was a member of the Board of Directors, the Monetary Policy Committee, and the Committee of Governors of the CBN, and was also a member of Nigeria’s Economic Management Team.

Moghalu’s Presidential Offer
The movement of Prof. Kingsley Moghalu is tagged ‘To build a nation’. This movement is premised on his plan to restructure the nation’s political landscape and distribution of resources among the three tiers of government.

Priority Areas

Constitutional Restructuring

Commence and complete a constitutional restructuring of Nigeria along geopolitical lines in an arrangement that ensures the federating units own any natural resources found within them and with regional and state police to ensure more effective national security.

Governance

  • Reduce wasteful and recurrent government expenditure.
  • Strengthen institutions by ensuring institutions like the EFCC and Police work independently of the Presidency.

Security

  • Carry out a comprehensive reform of the Nigerian Police Force by increasing the strength of the police force from 350,00 to a minimum of 1.5million policemen and women who are properly trained and remunerated.
  • Train the police in the necessary technologies to increase their capacity to maintain law and order.

Youth Empowerment

Investing the endless creativity of Nigerian youth by prioritizing the National Youth Policy of 2009 with particular emphasis on literacy and encouragement of youth participation in democratic processes at all levels.

Innovation

  • Make technology and innovation a strategic national priority
  • Protection for intellectual property to incentivize innovation
  • Increase government spending on science, technology and innovation with a focus on capital projects.

Economy

  • Create the enabling environment for an innovation-driven economy through appropriate policy.
  • Partner with the private sector to establish a 1 trillion Naira-strong venture capital fund which will help ensure access to equity funding for medium and small scale businesses and job creation.
  • Create a concrete economic diversification plan similar to that of the Saudi Arabian government that will ensure a prosperous path beyond dependency on crude oil

Gender Equity

  • Ensuring gender equality in access to educational and financial opportunities for all girls, boys, men and women.
  • Combat violence against women and ensuring men help promote the agenda of gender equity.
  • Execute a policy of 50:50 gender parity in political appointments to ensure female representation in decision making and execution across the nation

Power Reform

  • Decentralize the national grid, direct hydro and gas powered electricity to industrial zones in order to assure 24 hour electricity for manufacturing to reduce production costs and market prices of products, and create a market for renewable energy, for households and other consumers.

Education

  • Increase government spending on education from less than 10% of the budget to the UNESCO required minimum of 26%, and spend more on educational infrastructure and learning equipment than on recurrent expenditure.
  • Invest heavily in targeted, high quality teacher training at all levels, along with better pay for teachers.
  • Make the attraction of foreign direct investment in education and human capital development in Nigeria a government priority, by attracting quality global education names to set up campuses In Nigeria.