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 was previously reported that Moghalu had lost his bid to run for president in 2023 to Dumebi Kachikwu, the 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.
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“I am writing to resign from my membership in the African Democratic Congress, effective immediately,” the letter reads. I resigned because the process and conduct of the party’s presidential primary on June 8, 2022, in Abeokuta revealed a fundamental value clash between me and the party’s leadership.
“Despite the circular you issued to the primary a few days ago committing the party to provide transportation and lodging for delegates to and from Abeokuta, which we agreed would provide a level playing field for all presidential aspirants, the party under your leadership failed to do so.”
“Some aspirants, including myself, donated to the ADC party account for this purpose, as requested by the party.” This failure, which appeared to be deliberate, allowed for widespread electoral abuses such as delegate capture and financial inducement of delegates.
“This is just one of the many inconsistencies and lack of transparency and predictability in the party’s management that I had been complaining about.”
“As you know, I have consistently refused to join the APC or the PDP in order to avoid “cash-and-carry” politics. To remain a member of the ADC after the events in Abeokuta involving thousands of party members would be to endorse political corruption of the most heinous kind.
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“I joined the ADC with the best of intentions in October 2021. Since then, I’ve dedicated my entire team to growing and improving the party, including increasing the party’s visibility across all media platforms, recruiting over 10,000 new members, and providing new offices for various state chapters at my own expense.
“It is deeply regrettable that other incentives appear to have played a larger role in determining the primary’s outcome than party loyalty.”
