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BREAKING: Presidential Aspirant Resigns From Party After Losing Ticket

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  • Moghalu resigns from ADC after losing presidential ticket

  • …for me to remain a member of the ADC therefore, after what thousands of party members participated in at Abeokuta, would be to endorse political corruption of a most obscene order.

EDITOR’S PICK

EKO HOT BLOG reports that Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria, left the African Democratic Congress (ADC) on Monday after losing the party’s presidential nomination.

In a letter to the party’s National Chairman, Okey Nwosu, Moghalu announced his decision to resign his membership.

It had earlier been reported that Moghalu lost his chance of contesting in the 2023 presidential election to Dumebi Kachikwu, founder of Roots Television.

While stating his reasons for leaving the party, the former Deputy Governor of the Central Bank of Nigeria cited a lack of transparency in the party’s presidential primary.

The letter reads, “I am writing to hand in my resignation from my membership of the African Democratic Congress, effective immediately. I have resigned because the process and conduct of the party’s presidential primary on June 8, 2022, at Abeokuta revealed a fundamental clash of values between me and your leadership of the party.

“Despite the circular, you issued a few days to the primary committing the party to provide transportation and accommodation for delegates to and in Abeokuta, which as we agreed would provide a level playing for all the presidential aspirants, the party under your leadership failed to do so

Some aspirants, including myself, made donations to the ADC party account as requested by the party for this purpose. This failure, which appeared intentional, created room for massive abuses of the electoral process including delegate capture and financial inducement of delegates.

“This is only one of the numerous inconsistencies and the absence of transparency and predictability in the management of the party that I had progressively complained about.

“As you are well aware, I have consistently resisted pressures to join the APC or the PDP precisely to avoid “cash-and-carry” politics. For me to remain a member of the ADC therefore, after what thousands of party members participated in at Abeokuta, would be to endorse political corruption of a most obscene order.

FURTHER READING

“I joined the ADC in October 2021 with the best of intentions. Since then, I have put my entire team to work on growing and improving the party, including raising the party’s visibility on all media platforms, recruiting more than 10,000 new members to the party, and providing new offices for various state chapters of the party at my expense.

“It is deeply regrettable that other inducements appear to have played more important roles in determining the outcome of the primary than loyalty to the party.”

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