Moghalu condemns Tinubu’s economy strategy

Amidst economic hardship and rising poverty in Nigeria, the former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, has declared that hope is not a strategy.

Moghalu on Friday, stated that the country must strengthen its state capacity for successful governance.

According to him, Nigerians must learn to be honest with themselves and confront the underlying reasons for their issues.

In a post on his X handle, Moghalu wrote: “Despite sustained contemporary difficulties, I am hopeful about Nigeria.

“But hope is not a strategy. We need to improve the state’s capacity for effective governance. We either fix our problems, or our problems will eventually ‘fix’ us. No alternative to a renegotiated union.

“We must learn to be honest with ourselves and address the root causes of our problems. Why ignore them, when the problem is actually quite solvable?

“The problem with continuing with this approach is that when the danger crystallizes, those who thought they were benefiting from the status quo will find that we ALL – they included- will be losers.”