A former Central Bank of Nigeria’s Deputy Governor, Kingsley Moghalu, has lost the 2023 presidential ticket of the African Democratic Congress.
He lost to Dumebi Kachikwu, founder of Roots Television, following the presidential primary election of the party held in Abeokuta, the Ogun State capital, on Wednesday.
Kachikwu polled 977 votes to beat Moghalu, a former presidential candidate of the Young Progressives Party (YPP), and Chukwuka Monye who polled 589 votes, 339 votes respectively.
Kachikwu, is the younger brother of Nigeria’s former Minister of State for Petroleum Resources, Ibe Kachikwu.
Before the commencement of voting, Moghalu had boasted that he would defeat Bola Tinubu and Atiku Abubakar, presidential candidates of the All Progressives Congress (APC) and the Peoples Democratic Party (PDP) in the 2023 election.
“I am here to offer myself to you not because I am better than anybody here but because I care about the future of our country. I offer myself because God has given me the main recognition to stand side-by-side with Atiku, Tinubu and to send them into retirement,” he had said.
