The Presidential Candidate of the Young Progressives Party (YPP) in 2019 presidential election Kingsley Moghalu as taken to Twitter to illustrate the good things he has done for his village ahead of 2023.
The former deputy chairman of CBN however expressed displease on the question “what have you done for your village ?” According to him, this popular questions , asked of successful professionals, public servants , or political leaders, signifies corruption as inverted philanthropy. A failure of government to perform it’s functions should not be passed off to individuals especially those who are or have been public servants are not wealthy entrepreneurs.
He also noted that this misplaced expectations is partly why public officers steal public funds so that they can “do things” for their community that honest income can’t afford. We Nigerians should not allow our paradigm perceptions to be disorted by the collapse of values that has happened in our country.
Highlighting his goodwill to his people, Moghalu said while he was still a senior UN Official, in December 2005, decently paid but not swimming in cash he took $20,000 out of his personal savings and established the Isaac Moghalu Foundation in memory of his late father.
Since then the IMOF has given privileged youth in rural communities, supported schools in rural areas and urban slums in different parts of the country ( South East and Abuja FCT) with educational infrastructure such as classroom blocks and sanitary toilet facilities, and trained thousands of women in skills for small- scale business ventures. The foundation also holds periodic leadership lectures .
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. As Deputy Governor of the Central Bank of Nigeria from 2009-2014 he led the execution of extensive reforms in the Nigerian banking system after the global financial crisis. He was a member of the Bank’s Monetary Policy Committee that brought inflation down into single digits.