Moghalu, joins UNWFP to head communications, advocacy

ITREALMS:

Nigerian season brand communicator, Mr Chinedu Moghalu, has been appointed the Senior Communications Specialist cum Head, Communications & Advocacy for the Johannesburg, South Africa-based Africa Risk Capacity / United Nations World Food Programme, reports ITRealms.

The African Risk Capacity, ITRealms gathered, is a specialised agency of the African Union which provides capacity building services for early warning, contingency planning and risk finance towards protecting the livelihoods of their vulnerable citizens against the impact of natural disasters through home-grown, innovative, cost-effective, timely and sustainable solutions.

Moghalu, ITRealms also gathered resumed since March in his latest position and will be leading efforts to ensure that the work of ARC in responding to the challenges of climate change and natural disaster risk management is strategically communicated to the Member States and the international community in a way that secures commitment and boosts resource mobilization.

Before now, Mr. Moghalu, at various times, served as the Regional Head of Nigerian Export-Import Bank (NEXIM) for the Southeast and Delta states in Nigeria; the Head of the Corporate Communication Division at its headquarters in Abuja.

Prior to NEXIM Bank, Moghalu had over 10 years with various United Nations agencies, including the International Labour Organisation (ILO) and the Global Fund for AIDS, Tuberculosis and Malaria.

ITRealms recalls that Chinedu Moghalu holds a M.Sc. degree in Communications for Development, and other degrees in Political Science, and Law from University of Nigeria, Nsukka and University of Lagos, in Nigeria.

Further, Mr. Moghalu is a member of the Nigerian Bar Association, International Bar Association, International Public Relations Association (IPRA), and sits on the Board of the Chigari Foundation.

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Nigeria needs a national worldview – Prof. Moghalu

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The former Deputy Governor of Central Bank of Nigeria (CBN), Professor Kingsley Chiedu Moghalu, has said that Nigeria needs a worldview that could help realize its potential, reports ITRealms.

Speaking at the 2018 edition of The Bullion Lecture, the annual lecture series of Centre for Financial Journalism (CFJ Nigeria), a training and research organization based in Lagos, on the topic “The Wealth of Nations and the Imperative of Economic Transformation”, Prof. Moghalu said that “As in individuals, so it is for countries. Those that have well developed worldview, with global strategic intent in a competitive world, tend to perform better than those that don’t”.

He attributed Nigeria’s economic poor performance to lack of this essential worldview, especially lack of economic philosophy. “Nigeria has failed to achieve high-quality economic growth because the country’s economy is managed mostly on an ad-hoc, reactive basis. It is a “survival” economy in which most governments that held political power have had no real economic vision or a strategy to execute such a vision successfully”, Moghalu said.

Also, he noted that though Nigeria has a national policy on science, technology and innovation, this has practically no impact on Nigeria’s economy, arguing that this is because there is no policy support for moving the products of innovation into the marketplace through mass production and marketing distribution, and because the incentives for innovation are not yet strong enough in intellectual property law and regulation.

He disclosed that patents and other kinds of intellectual property are the engine drivers of knowledge economy.

“The absence of a link between science, commercialized indigenous innovation, and economic and business activity is a fundamental obstacle between Nigeria and a quantum leap to prosperity. This gap is all the more tragic because science and technology is one area in which African countries such as Nigeria can quickly develop global competitive advantage over the Western world and even Asia”.

He further revealed that Nigeria’s economy lacks complexity in the extreme, which is why the country remains the greatest importer of Premium Motor Spirit while it exports crude oil.

Moghalu insisted that Nigeria should have an established worldview; establishment and consistent application of clear economic philosophy of entrepreneurial capitalism in the context of a developmental state, as the guiding framework for the Nigerian economy; constitutional repeal of the Land Use Act that traps wealth of Nigerian citizens in the hands of government choking  grip of state bureaucracy; reforming the Nigerian National Petroleum Corporation into a partially privatized company; deregulating the downstream petroleum sector; and avoid further foreign loans which has put us back into a debt trap that will mortgage the future generations of Nigeria.

Nenye Dom/GEE

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