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Nigeria is now ‘poverty capital’ under Buhari – Moghalu

Former deputy governor of the Central Bank of Nigeria, Kingsley Moghalu, has accused the administration of President Muhammadu Buhari of responsible for the poverty ravaging the country, saying “under Buhari, Nigeria has become the poverty capital of the world.”

Moghalu, a 2019 presidential aspirant, said this on Wednesday while inaugurating his support organisation in Awka, Anambra State, pointing out that more Nigerians have become poor since Buhari assumed power.

“Under Buhari, Nigeria has become the poverty capital of the world. We have more people that are poor,” he said.

On his chances against Buhari in the 2019 election, Moghalu was confident on defeating him (Buhari) easily, noting that the president had squandered the goodwill Nigerians accorded him during the 2015 general elections.

He added that Buhari’s poor records and performance will be his (Moghalu’s) campaign tools, reiterating that no fewer than 9 million Nigerians have lost jobs since Buhari took charge of the country.

“Nine million people have lost their jobs since Buhari came to power in 2015; Nigeria has become a killing field under him, even though he was a General.

“Buhari is running on an old name. I will beat him by simply using his poor records.”

Moghalu who identified leadership as the core challenge of Nigeria, pointed out that rather than ‘transformational leadership’, all we have in the country is ‘transactional leadership’.

On his campaign organisation, he said “We are setting this up in all the 36 states of the country. We are doing this because we need a leader and not a ruler.”

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