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Two Biggest Sources Of Crime And Why 100 Million Nigerians Live In Poverty – Moghalu


Two Biggest Sources Of Crime And Why 100 Million Nigerians Live In Poverty - Moghalu
Kingsley Moghalu

Former deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu has alleged some biggest sources of crime in the country and reasons why over a hundred million citizens allegedly live in poverty.

Naija News reports that the former presidential aspirant of the African Democratic Congress (ADC) took to his verified Twitter handle on Tuesday to allege that the two biggest sources of crime in Nigeria lie in the petroleum industry and the forex market.

According to Moghalu, fraud, corruption and sheer criminality are why most Nigerians live in poverty. The politician asserted that the crime sources are being managed by government institutions.

Moghalu’s tweet read: “Fraud, corruption and sheer criminality is the biggest reason why 100 million Nigerians live in poverty.

“The biggest sources of these crimes lie in the petroleum industry and the forex market, both managed by government institutions.”

Tinubu And His Family Have Become A Parasite To Lagos State, I Not My Son Is Seeking Presidency – Peter Obi Fires Keyamo

The presidential candidate of the Labour Party, Peter Obi on Tuesday asked Nigerians to reject any presidential candidate that will turn governance into a family and friends business.

Speaking through the Obi-Datti Presidential Campaign Organisation, the former Anambra State governor urged Nigerians not to vote for anyone who will rule the country by proxy.

Naija News reports that Peter Obi was reacting to the challenge thrown to him by the Minister of State for Labour, Festus Keyamo, for his son to organize a campaign rally in his state like the APC flag bearer’s son, Seyi Tinubu, did for his father in Lagos.

Peter Obi’s campaign, in a statement on Tuesday, said the only thing that joins him and Tinubu is that they were once governors of states in Nigeria, “after that one became a parasite to the state government he served with his entire family while the other left government house and he and any members of his family never collected a dime from Anambra state.”

The campaign said: “Unlike Tinubu and his household, who have grown to be stupendously wealthy with no identifiable industry or means of making money outside the state government for over two decades, Obi is not like that.

“If Keyamo had taken time to study the family he speaks for very well; he would have avoided this comparison that is bound to expose the parasitic life of his Principal and understand why the entire household is headlong in the campaign.

“The other time Tinubu’s wife, Senator Remi, was threatening fire and brimstone over Lagos, then the daughter and now the son is showing off with rally. Do you blame people struggling to keep a family business? The Tinubu family has cornered the commonwealth of Lagos state, which they now run as a family enterprise.

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“Obi’s family is not part of his politics. They are running their lives, contributing to development without nearing public funds.”