Days after losing his bid for the ADC presidential ticket, former CBN Deputy Governor Kingsley Moghalu resigned from his membership in the party.
Dumebi Kachikwu, the founder of Roots Television, defeated Mr Moghalu in a primary held in Abeokuta, Ogun State’s capital, on Wednesday.
Second place went to Mr Kachikwu, who received 977 votes.
Okey Nwosu, the ADC National Chairman, was informed of Mr Kachikwu’s victory in a letter from the former head of the Central Bank of Nigeria (CBN), who resigned on Monday.
In his opinion, as with the ruling All Progressives Congress (APC) and the main opposition Peoples Democratic Party (PDP), the ADC leadership’s exercise was flawed with inconsistencies (PDP).
The “process and conduct” of the exercise, he said, is inconsistent with his beliefs.
Because of the “fundamental clash of values” he felt he had with the party’s leadership following the party’s presidential primary on June 8, 2022 in Abeokuta, he announced his resignation.
On behalf of Mr. Moghalu, the ADC’s leadership was accused of failing to uphold its promise to ensure a level playing field for all candidates in the primary election.
There was a failure to provide transportation and lodging for delegates to and from Abeokuta despite the circular you issued a few days before the primary, committing the party to do so as we agreed would provide a level playing field for all presidential aspirants.
For this purpose, the ADC requested donations from some aspirants, including myself. Delegate capture and financial inducement of delegates were possible because of this failure, which appeared to be intentional. This is just one example of the numerous inconsistencies and lack of transparency and predictability in the party’s management about which I had grown increasingly frustrated.
In order to avoid “cash-and-carry” politics, I have consistently resisted pressures to join the APC or PDP.” Therefore, my continued membership in the ADC would be an endorsement of political corruption of the most obscene order, given what thousands of party members participated in at Abeokuta,” Mr Moghalu revealed in the letter.
There was no way to get in touch with Mr. Nwosu for comment.
ADC National Secretary Said Abdullah also failed to respond to phone calls or text messages.
Mr. Moghalu’s hopes of becoming Nigeria’s next president have been dealt another blow after he vowed to send the candidates of the APC and PDP into political retirement if he emerged as the ADC flagbearer.
This year, he ran for president as the Young Progressive Party (YPP) candidate, the same party he had left just months before the last election. He lost.
After joining the ADC in October 2021, Mr. Moghalu made a statement about how his new party aligned with his political ideology.