The Managing Director of Capital Oil and Gas, Dr. Ifeanyi Ubah, on
Tuesday, followed up his claim to a magic wand that would firm the Naira
to an exchange rate of N200=$1 within 30 days ,with fresh claims that
he knew those behind the current foreign exchange crisis facing the
nation and was ready to name them publicly.
He told journalists, in
Abuja, that all he wanted from President Muhammadu Buhari , to achieve
the goal, was to be appointed a consultant on Financial Stability,
without pay.
According to him, he had a four-point strategy to
achieve the extra-ordinary feat but that he would not make them public
unless appointed a consultant by the federal government.
His words,
“What do we have to bring the exchange rate to N200=$1? I have four
cardinal points but I will not release them. I am a man brimming with
confidence and ideas which is why I would dare to make such an audacious
wager.
“Since my appearance and statement on Sunday night on
Channels TV, Dollar has crashed from N400 to $1 to N370 to $1. Is this
not enough evidence that this freefall of the Naira is artificial and
could be better managed, with honesty and ingenuity.

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