Nigeria’s former Deputy Governor of the Central Bank, Kingsley Moghalu, has emphasized that hope is not a viable strategy for addressing the country’s economic hardship and worsening poverty.
Moghalu, despite expressing optimism about Nigeria’s future, stressed the need for effective governance and tackling the root causes of the country’s problems.
Moghalu, who served as Deputy Governor of the Central Bank of Nigeria from 2009 to 2014, argued that Nigerians must learn to be honest with themselves and address the underlying issues driving the country’s challenges.
He emphasized that improving state capacity for effective governance is crucial, and that the country needs a renegotiated union to move forward.
Moghalu’s comments come as Nigeria grapples with economic hardship and worsening poverty, with many citizens struggling to make ends meet.