The presidential candidate of the Young
Progressive Party (YPP), Professor Kingsley
Moghalu, says the Nigeria’s political system
must be fixed before its economy can experience
any significant improvement.
He stated this at the NEDG/BON presidential
debate currently holding at the Transcorp Hilton
Hotel in Abuja.
“Let’s first understand that we cannot fix the
economy if we don’t fix our politics,†Moghalu
said.
“Our economy can never grow for as long as we
are led by the incompetent, visionless, and
recycled and arrogant old politicians that have
run this country’s economy into the ground and
are seeking another four years of poverty for us.â€
The YPP candidate stressed the need for
Nigerians to elect a president who understands
how to manage the economy.
He further highlighted some of the strategies he
plans to use in fixing the nation’s economy to
improve the standard of living of the people.
According to Moghalu, the problem the nation
must solve is that it does not have an economic
policy.
He said the nation has to realise that it needs to
decide whether it is a capitalist or socialist
country and the type of capitalism it is practicing
if that is the case.
“My approach to the Nigerian economy is first of
all to focus on reforming the educational system,
to ensure that our young people have the skills
that can make them competitive in the 21st
century and the skills that can give them jobs or
help them to set up their own jobs,†the YPP
candidate state.
He added that there are plans by his
administration to ensure the youths have access
to finance through “N1trillion venture capital
fund†which would provide equity capital for
them.
Source:
www.channelstv.com/2019/01/19/we-
cannot-fix-the-economy-if-we-dont-fix-our-
politics-moghalu/
