A former Central Bank of Nigeria Deputy Governor, Kingsley Moghalu, has accused Nigeria’s political elite of contributing significantly to the country’s worsening insecurity and weakening state institutions.

Moghalu made the remarks while speaking on governance challenges, arguing that decades of poor leadership decisions, weak accountability systems, and elite-driven politics have undermined national security and economic stability.

He stated that insecurity in Nigeria is not only a security force issue but also a governance failure rooted in ineffective leadership structures. According to him, the failure to build strong institutions has allowed criminal networks and violent groups to thrive in different parts of the country.

The former presidential candidate also criticized what he described as the concentration of political power among a small elite, warning that such dynamics often prioritize personal or group interests over national development.

Moghalu called for urgent reforms focused on strengthening institutions, improving transparency, and ensuring that public office holders are held accountable for their decisions. He emphasized that sustainable security solutions must go beyond military responses and address deeper structural issues.

His comments come amid ongoing concerns about banditry, kidnapping, and insurgency in several regions of the country, with citizens increasingly calling for more effective governance and security strategies.

Political analysts note that Moghalu has consistently advocated for institutional reform and governance restructuring as key pathways to addressing Nigeria’s long-standing challenges.

As debates continue, his remarks add to growing public discourse on the relationship between leadership quality, institutional strength, and national security outcomes in Nigeria.