Kingsley Moghalu, former deputy governor of central bank and former presidential candidate of the Young Progressives Party (YPP), says Nigeria has spent 22 years chasing shadows due to leadership failure.
Moghalu stated this at the 10th Emeka Anyaoku lecture held in Anambra on Thursday.
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Speaking on the topic, ‘Leadership and the Challenge of Development in Nigeria’, he opined that holding positions of power doesn’t simply translate to true leadership but about exhibiting a trait that upholds core values, and the competence to bring those values to bear in a manner that creates change and sustains social progress.
“We have spent five decades including our 22 years of democracy since 1999 chasing shadows because we have failed or neglected to focus on the question of leadership,” he said.
“This failure of leadership, is why we have politics without governance, and why politics is the biggest business in our country while real businesses and the economy are being steadily destroyed by leadership failure and incompetence.”
