Media mogul Dele Momodu has joined the Peoples Democratic Party (PDP).
Mr Momodu announced his entry into the opposition party on Friday morning in a statement.
The 2011 presidential candidate of the deregistered National Conscience Party (NCP) said he joined the PDP because of the need to contribute meaningfully to the development of the country.
“I have consulted widely,” the Ovation publisher said. “And it is clear to me that given the dangerous and disastrous drift that our nation has experienced in the past six years, the only party from which amends can be made to rectify our situation is the Peoples Democratic Party (PDP).
“This accords with my vehement opposition to the policies and practices of the All Progressive Congress (APC) and its leadership, which has denuded our country of everything we hold dear – national unity, cohesion, security, economic prosperity, educational advancement, social infrastructure, and above all, our cherished moral values.
“For these reasons, I am happy to declare that I am now a full-fledged participating member of the great and patriotic Peoples Democratic Party.”
The politician accused the ruling party of failing to deliver democratic dividends to Nigerians.
“It is deeply saddening and regrettable that some of the biggest and landmark achievements recorded under the PDP administration have been diluted, wasted, or diminished by the present APC government,” he added.