The presidential candidate of the Young Progressives Party (YPP), Kingsley Moghalu, has said that he has spent over 200 million naira of his “personal money” on the bid to emerge Nigeria’s president.
According to him, his party will fund its campaign through voluntary contributions of its members and the public, saying that he does not have a political godfather. He said:
“I joined politics to run for the presidency using my own money, I have spent over 200 million naira of my personal money so far, I do not have any political godfather”.
The YPP presidential candidate said this at the first of a town hall meeting organised by the Nigeria Television Authority (NTA) and Daria Media with support from the MacArthur Foundation.
The town hall meeting, tagged ‘The Candidates’, is a two-hour televised series featuring the presidential and vice-presidential candidates of four leading political parties.
Moghalu, who is venturing into politics for the first time, is a former deputy governor of the Central Bank of Nigeria (CBN).
He said if elected as the nation’s next president, he would drive the economy by encouraging innovation and growth of small businesses.
According to him, his party would ensure that the current 500 billion naira social intervention fund was effectively used to improve the lot of Nigerians.
He said that his administration would put the fund into a productive capital venture that would create and allow people to run their businesses within six months of assuming office.
He stated that he would guarantee wealth and job creation in the country.
“My being educated has showed me what Nigeria should be in terms of economy, infrastructure, and the wellbeing of the people, and I will use my education to improve the lots of the people”.
The YPP presidential candidate said the time to transform the country had come, saying that Nigeria needs a vibrant leadership to address its challenges.
President Muhammadu Buhari and Vice-President Yemi Osinbajo are expected to feature on the programme on January 16 while Omoyele Sowore and his running mate, Rabiu Rufai, would feature on January 23.
The final appearance would be Atiku Abubakar and his running mate, Peter Obi, who will feature on the programme on January 30.
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