Kingsley Moghalu, a former deputy governor of Nigeria’s Central Bank, left the African Democratic Congress (ADC) on Monday after losing the party’s presidential nomination.
In a letter addressed to the party’s National Chairman, Okey Nwosu, Moghalu announced his decision to resign his membership.
Moghalu had previously been reported to have lost his bid to run for president in 2023 to Dumebi Kachikwu, the founder of Roots Television.
The former CBN Deputy Governor cited a lack of transparency in the party’s presidential primary as the reason for his departure.
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“I am writing to resign from the African Democratic Congress, effective immediately,” the letter reads. Because the process and conduct of the party’s presidential primary on June 8, 2022, in Abeokuta revealed a fundamental clash of values between me and the party’s leadership, I have resigned.
“Despite the circular you issued to the primary a few days ago committing the party to provide transportation and lodging for delegates to and in Abeokuta, which we agreed would provide a level playing field for all presidential aspirants, the party under your leadership failed to do so.”
“A few aspirants, including myself, donated to the ADC party account for this purpose, as requested by the party.” This apparent intentional failure allowed for massive electoral process abuses such as delegate capture and bribery 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 for quite some time.”
“As you know, I’ve consistently refused to join the APC or the PDP in order to avoid “cash-and-carry” politics. To stay in the ADC after what thousands of party members did in Abeokuta would be to endorse political corruption of the most heinous kind.
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“With the best of intentions, I joined the ADC in October 2021. Since then, I’ve devoted 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 factors appear to have played a larger role in the primary’s outcome than party loyalty.”
