He said: “First of all, it gives us hope that all hope is not lost.
“It tells us that our young people are finally coming to realize that the future belongs to them and they have to make a choice as to whether the posterity of Nigeria will belong to them or whether all they would do is to simply inherit our foreign debt.”
He made this remark in an interview on a programme on Channels Television on Wednesday.
He also revealed why Nigerian youths should join politics ahead of the 2023 general elections.
Mohgalu said the only way Nigerian youths can make an impact in the country’s political terrain is to join politics.
“The way to go is to go into structural politics. That is to say, to join political parties, to be able to vote, to register and to vote and to be able to be voted for,” he said.
The former Deputy Governor of the Central Bank of Nigeria (CBN) also called for the amendment of the country’s electoral laws in orde to deepen Nigeria’s democratic system.
“That is so critical even as we fight or struggle for a new constitution. The immediate thing before us is the Electoral Amendment Act.
“It’s the low-hanging fruit because it will be completed within the next couple of months, hopefully, and we should insist that it provides a transparent process of electing our leaders where our votes count not just the people who count the vote,” Moghalu added.