Amid economic hardship and worsening poverty in the country,
former Deputy Governor of the Central Bank of Nigeria, CBN, Kingsley Moghalu
has stated that hope is not a strategy.
This is even as he said that he’s hopeful about Nigeria
despite sustained contemporary difficulties.
Moghalu maintained that the country needed to improve state
capacity for effective governance.
According to him, Nigerians must learn to be honest with
themselves and address the root causes of their problems.
In a post on his X handle on Friday, Moghalu wrote: “Despite
sustained contemporary difficulties, I am hopeful about Nigeria.
“But hope is not a strategy. We need to improve state
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.”
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