Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has publicly debunked widespread media reports that inaccurately identified him as the Labour Party’s (LP) flag bearer for the Anambra State governorship election held on November 8, 2025.

In a statement issued on his X account on Tuesday, Moghalu expressed profound disappointment over the erroneous publications, some of which even featured his photograph alongside the false claims. He described these reports as “false and misleading,” clarifying that they had conflated his identity with that of Chief George Moghalu, who was indeed the Labour Party's actual candidate in the said election. Moghalu emphasized the issue stemmed from "lazy reporting" by various news outlets.

Further elaborating on his political standing, Kingsley Moghalu unequivocally stated that he is not currently a member of any political party in Nigeria. He confirmed that he did not participate in the Anambra State gubernatorial election and has maintained his distance from partisan politics since September 2022, when he officially resigned from such involvement, preceding the 2023 presidential election. He also recalled his previous foray into politics as the presidential candidate for the Young Progressives Party (YPP) in the 2019 presidential election.

Moghalu urged all media organizations responsible for circulating the incorrect information to promptly issue corrections and retractions to set the record straight for the public.

The actual November 8, 2025, Anambra election saw George Moghalu of the Labour Party compete against the incumbent Governor Chukwuma Soludo, representing the All Progressives Grand Alliance (APGA), and Nicholas Ukachukwu of the All Progressives Congress (APC). Following the official declaration by the Returning Officer, Prof. Edoba Omoregie, Vice-Chancellor of the University of Benin, Governor Soludo was announced as the victor, securing a significant majority of votes.