Prominent Presidential Aspirant Resigns from Party after Losing Ticket

Prominent Presidential Aspirant Resigns from Party after Losing Ticket

  • Ahead of the 2023 elections, Kingsley Moghalu, a presidential aspirant on the platform of the ADC, has dumped the party
  • Moghalu, a former deputy governor of the Central Bank of Nigeria (CBN), announced his decision in a letter dated Monday, June 13
  • The former presidential aspirant is leaving the ADC days after losing the presidential ticket to Dumebi Kachikwu

Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria (CBN), has resigned his membership of the African Democratic Congress (ADC).

Moghalu announced his decision to leave the party in a letter dated Monday, June 13, and addressed to Okey Nwosu, ADC national chairman, TheCable reported.

Kingsley Moghalu/ADC Presidential Aspirant/Moghalu Resigns ADC, 2023 Presidential Election
Kingsley Moghalu, former ADC presidential aspirant, has dumped the party ahead of the 2023 general elections. Photo credit: @MoghaluKingsley
Source: Twitter notes that the former CBN deputy governor’s decision comes days after he lost the party’s presidential ticket to Dumebi Kachikwu.

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Moghalu said he decided to leave the ADC as a result of the poor conduct of the presidential primary.

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He wrote:

“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 providing transportation and accommodation for delegates to and in Abeokuta, and 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.

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“This is only one of 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.
“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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Earlier, reported that Moghalu had reacted to his shocking loss of the presidential ticket of the ADC to Kachikwu, founder of Root Television, at the primaries held on Wednesday, June 8, in Abeokuta, Ogun state.

Kachikwu was elected by the delegates with 977 votes, while Moghalu finished second with 589 votes.

Moghalu who had since the last presidential election remained in public space about his ambition to rule the country said God knows his plan for him.


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