Moghalu Resigns From ADC After Losing Presidential Bid
Prof. Kingsley Moghalu

Moghalu Resigns From ADC After Losing Presidential Ticket

2 years ago
2 mins read

Former deputy governor of CBN, Prof. Kingsley Moghalu who contested for the presidential ticket of the African Democratic Congress (ADC) for the 2023 election, has resigned his membership of the party.

This was contained in a letter signed by Prof. Moghalu and dated 13 June (today), addressed to the National Chairman of ADC, Chief Okey Ralphs Nwosu. 

Moghalu participated in the presidential primary of the party at a national convention held in Abeokuta, Ogun State on Wednesday 8 June, where he lost to  Dumebi Kachikwu, a media entrepreneur.

Kachikwu a younger brother of the former minister of state for petroleum, defeated Moghalu, and a businessman, Chukwuka Monye at the poll. He polled a total of 977 votes against Moghalu who came second with 589 votes, while Monye who came third had 339 votes.

Moghalu in his resignation letter on Monday alleged that the process and conduct of the party’s presidential primary revealed some unwholesome practices by the party leadership which clashes with his democratic values.

The former presidential candidate of the Young Progressive Party (YPP) in the 2019 election, claimed that there were massive abuses of the electoral process during the ADC primary election last Wednesday.

READ ALSO: 2023: I’ll Allocate 20% Of Annual Budget To Education If Elected President – Moghalu

The resignation letter partly 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 prior to the primary committing the party to provide transportation and accommodation for delegates to and in Abeokuta, and which as we agreed would provide a level playing field 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.”
Moghalu stated that the similar issue of “cash-and-carry politics” he frowned at that made him resist pressures to join APC and PDP played out and remaining in the ADC means endorsing a corrupt political process.
“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,” Moghalu stated.



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