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Who is Kingsley Moghalu?


Kingsley Moghalu is a global leader who has made contributions to the stability, progress and wealth of nations, societies and individuals across such domains as academia, economic policy, banking and finance, entrepreneurship, law, and diplomacy. 

He is the author of several books, and his latest ‘Build, Innovate, and Grow: My Vision for Our Country’ lays down a detailed blueprint for his goal to restore Nigeria. 

He is the Founder & CEO of Sogato Strategies LLC, and previously worked for the United Nations for 17 years, leading successful work in national reconciliation and nation-building in fractured societies, risk management and management reform in the UN, and raising billions of dollars for social investments in developing countries by The Global Fund to Fight AIDS, Tuberculosis and Malaria in Geneva. 

He returned to Nigeria and was a deputy governor at the Central Bank of Nigeria from 2009 – 2014, leading a team that stabilised the banking industry after the 2008 global financial crisis. In 2015, he returned to the US to become a Professor of Practice in International Business and Public Policy at The Fletcher School of Law and Diplomacy at Tufts University from 2015 – 2017. 

Kingsley was educated at the London School of Economics and Political Science (Ph.D., M.Phil.), The Fletcher School of Law and Diplomacy at Tufts University (M.A.), University of Nigeria, Nsukka (LL.B.), and the Institute of Risk Management in London, UK. He has completed executive leadership programs in economic transformation, macroeconomic management, global leadership, corporate governance, and strategy at Harvard Kennedy School, Harvard Business School, Wharton, Chicago Booth School of Business, and the International Monetary Fund Institute.

A keen philanthropist, Kingsley founded the Isaac Moghalu Foundation, a non-profit organisation that provides support for literacy, educational institutions, and access to education for underprivileged children in rural communities in Nigeria.

He is also presently President of the Institute for Governance and Economic Transformation. He is also an international keynote speaker at industry conferences, and a frequent commentator in the global media including CNN, BBC World TV, Bloomberg, and the Financial Times. For more information visit: www.tobuildanation.com

What does a Kingsley Moghalu Presidency offer?

CONSTITUTIONAL RESTRUCTURING
Commence and complete a constitutional restructuring of Nigeria along geopolitical lines in an arrangement that ensures that the federating units own any natural resources found within them and with regional and state police to ensure more effective national security. 

ECONOMY 
Create the enabling environment for an innovation-driven economy through appropriate policy. Establish a 1 trillion naira strong public-private venture capital fund to provide equity funding for medium and small scale businesses and job creation. Create a concrete economic diversification plan similar to that of Saudi Arabian government that will ensure a prosperous path beyond dependency on crude oil. Power policy will prioritize industrial clusters such as Aba, Kano, Lagos, Nnewi, and Onitsha. Investments and incentives will be established in renewable energy that can serve households. Encourage increased foreign investment in education and human capital development. Establish one world-class
hospital in each of the six geopolitical zones 

GENDER EQUITY 
Ensure gender equality in access to educational and financial opportunities for all girls, boys, men and women. Combat violence against women and ensure men help promote the agenda of gender equity. Execute a policy of 50:50 gender parity in political appointments to ensure female representation in decision making and execution across the nation. 

GOVERNANCE 
Establish an economic philosophy from which Nigeria’s economic vision will be derived. Such a vision will make clear the respective roles of the state and the market, and its position on capitalism and its various adaptations. The economic ecosystem will operate and be managed within this framework. Principles of corporate governance will guide the governance and operations of public sector institutions Reduce recurrent expenditure to 50% and increase capital spending to 50% within two years Strengthen institutions by ensuring institutions like the EFCC and Police work independently of the presidency.

SECURITY 
Comprehensive reform of the Nigerian Police Force by increasing the strength of the police force from 350,000 to a minimum of 1.5 million policemen and women who are properly trained, equipped and remunerated. Control Nigeria’s borders more effectively. Redefine the concept of national security away from narrow, specific threats to a more broad-based, interlocking one

EDUCATION 
Increase government spending on education from less than 10% of the budget to the UNESCO required minimum of 26%, and spend more on educational infrastructure and learning equipment than on recurrent expenditure. Invest heavily in targeted, high quality teacher training at all levels, along with better pay for teachers. Attract foreign direct investment in education and human capital development in Nigeria by quality global education institutions setting up campuses in Nigeria. 

NATIONAL PHILOSOPHY 
Establish a Worldview Charter (“One Nation, One Destiny”) setting out a philosophical foundation for the Nigerian state and a statement of collective national ambition Make the Worldview Charter a core part of the national educational curriculum in primary and secondary education

POWER REFORM 
Decentralise the national grid, direct hydro and gas powered electricity to industrial zones in order to assure 24-hour electricity for manufacturing to reduce production costs and market prices of products, and create a market for renewable energy for households and other consumers. Increase investment in transmission and distribution infrastructure. Power policy will prioritize industrial clusters such as Aba, Kano, Lagos, Nnewi, and Onitsha. Investments and incentives will be established in renewable energy that can serve households. 

YOUTH EMPOWERMENT
Invest in the creativity of the Nigerian youth by prioritising the National Youth Policy of 2009 with particular emphasis on literacy and encouragement of youth participation in democratic processes at all levels. Encourage the participation of youth in democratic processes, politics and leadership in order to ensure that leadership in Nigeria is regenerative and inter generational 

INNOVATION 
Make technology and innovation a strategic national priority. Protect intellectual property to incentivise innovation. Increase government spending on science, technology and innovation, with a focus on capital projects. 

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