By Bukola Olasanmi
Kingsley Moghalu, presidential candidate of the Young Progressives Party (YPP), says he has spent over N200 million of his “personal money” on the bid to emerge Nigeria’s president.
He said his party will fund its campaign through voluntary contributions of its members and the public, adding that he does not have a political godfather.
“I joined politics to run for the presidency using my own money, I have spent over N200 million of my personal money so far, I do not have any political godfather,” Moghalu said.
Moghalu made the remark at a town hall meeting organised by the Nigeria Television Authority (NTA) and Daria Media with support from the MacArthur Foundation.
The town hall meeting, tagged ‘The Candidates’, is a two-hour televised series featuring the presidential and vice-presidential candidates of four leading political parties.
Moghalu, who is venturing into politics for the first time, is a former deputy governor of the Central Bank of Nigeria (CBN).
He said if elected as the nation’s next president, he would drive the economy by encouraging innovation and growth of small businesses.