Former deputy governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has joined the African Democratic Congress (ADC) ahead of the 2023 presidential election.
He had previously left the Young Progressive Party (YPP) weeks after his underwhelming performance as a candidate in the 2019 presidential election.
The 58-year-old moved on to focus on electoral reform and voter education with a non-partisan platform called To Build A Nation (TBAN).
He announced his new party on Friday, October 8, 2021 declaring his faith in the ability of Nigerian youths to re-engineer the country's economy.
"I ask all my political supporters to join the ADC," he said.
Moghalu has previously announced that he will participate in the 2023 election, running on a four-point agenda code-named 'SWAG'.
"SWAG means Security for all Nigerians and Nigeria's territory; War against poverty: skills, jobs for our youths and an innovation economy; Accelerated education and healthcare reform; Good governance: inclusive, transparent, effective and accountable," he said in June.
He also promised to run a government with a team of highly competent Nigerians from all parts of the country.