Former Deputy Governor of the Central Bank of Nigeria (CBN) and presidential candidate of the Young Progressives Party (YPP), Kingsley Moghalu, has denied reports that he has entered into an alliance with People’s Democratic Party (PDP) presidential candidate Atiku Abubakar.
Backstory: Ahead of Saturday’s polls, there were reports that Moghalu entered into an agreement to team up with the PDP presidential flag bearer. The YPP presidential campaign has now firmly debunked the rumors in a statement by a spokesman, Jide Akintunde.
“The attention of the Young Progressives Party campaign council and the party’s presidential candidate, Professor Kingsley Moghalu, has been drawn to a statement being circulated on the social media that Moghalu has teamed up with PDP presidential candidate, Atiku Abubakar.
“We would like to state categorically that this information is false. It is fake news, attributed to the CUPP spokesman. This fake news is deliberate disinformation, calculated to mislead and demoralize the millions of Moghalu and YPP supporters across the country. But it is doomed to failure,” he said.
Akintunde also expressed confidence in his candidate, stating that they are ready to contend with “old brigade of recycled politicians” and win
“Coming on the heels of the fake news narrative that the election is between two parties, Nigerians should disregard the desperation of the political class and vote for YPP as they have resolved to do and send the visionless politicians to permanent retirement on Saturday.
“Moghalu remains committed to our vision and his view that the APC and the PDP are unable to take Nigeria forward to a better future.”
Bottom Line: Speculations that Moghalu is backing Atiku is the latest sign of his rising stock. Most analysts believe that the YPP candidate is expected to rank among the top four candidates by the time votes are counted although he is not expected to win.