JUST IN: Moghalu Defects To New Political Party After Dumping YPP

Former deputy governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has joined the African Democratic Congress (ADC).

Naija News reports that the former presidential candidate had dumped the Young Progressive Party, YPP, after the 2019 election.

Moghalu, who has made his intention to contest the 2023 presidential election, announced his new party on Friday.

Speaking on Friday, the 58-year-old had declared faith in the ability of Nigerian youths to re-engineer Nigeria’s economy.

“I ask all my politican supporters to join the ADC,” he said.

Moghalu had lost the 2019 election, finishing 14th from eventual winner, Muhammadu Buhari.

The former CBN Deputy governor polled 26,039 votes against Buhari’s 15.1 million votes.

This article was originally published on Naija News

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