News
Why coups are on the rise in West Africa –Moghalu
Kingsley Moghalu, a former deputy Governor of the Central Bank of Nigeria (CBN) stated that the reason coups are on the rise, especially in the Sahel comes from the way we practice leadership in the region citing corruption and the absence of rule of law/accountability.
Moghalu disclosed this on Sunday coming after the Nigerian Senate called for diplomatic means to bring back democracy in the Niger Republic, as Niger joins Burkina Faso, Mali and others in the “Sahel Coup Belt”.
The former CBN chief stated that African countries have tried coups for decades and it did not yield real development, he added:
READ ALSO: How Emefiele contributed to Nigeria’s rising inflation –Moghalu
“We have tried democracy predominantly for the past three decades. We are still the poorest continent in the world. Now coups are on the rise in the Sahel. So, what is the problem? It’s fundamental and I will tell you.”
He also acknowledged that another factor which has seen the Sahel region go the path of failed governments is the absence of rule of law and accountability which can be related towards our “worldview”, he said:
“It’s the African mind. Our worldview, our mindset. The way we think, the arrogance of power, the corruption. The absence of rule of law/accountability.”
Moghalu warned that Low-level thinking leads to low-level actions, which leads to low-level outcomes. Period. Solution? Return to basics, adding: “Worldviews are fundamental. We must ask ourselves who we are, where we have come, where we are going, how to get there, and the values that underpin our societies.”
-
Featured1 week agoInside INEC’s race to prepare for Nigeria’s 2027 elections
-
Featured1 week ago2027: APC unveils nationwide campaign timetable, Tinubu to rally in 12 states
-
Business4 days agoNaira faces exchange rate gap as Dollar hits N1,380 on parallel market
-
Business1 week agoCourt dismisses ₦170m Trade Fair contract claim, says Zenith Bank was not a party
-
Latest1 week agoBreaking: NNPCL raises petrol price to ₦1,405 per litre amid discount controversy
-
Featured1 week agoFrom kitchen to Supreme Court: Nigerian’s fight over alleged support for terrorists
-
Football1 week agoMaresca reveals Guardiola’s reaction to Man City’s 4-2 defeat to PSG
-
Business7 days agoNCC launches Internet Governance Working Group to tackle AI risks, boost online safety


