“I will restore naira back to N200/$ in one month”. This statement was made on Sunday by the Chairman of Capital Oil and Gas, Ifeanyi Ubah in an interview with channels television.
Ifeanyi Ubah added that he had what it takes to restore the naira to 200 against the dollar in one month, if consulted by President Muhammadu Buhari.
Speaking during the interview, he however, dismissed the insinuation that the short fall in naira was as a result of the activities of the Bureau De Change, BDC, operators.
He said: “Look at the economy, look at the position of the naira today; some of us have ideas on how we can restore this.”
“It won’t take me one month, if Buhari gives me part of that consultancy, and naira would come back to 200.
“I can bet my life with it, naira would come back to N200. If you call me for that consultancy, I would put naira back to 200.”
“Look at the economy, look at the position of the naira today; some of us have ideas on how we can restore this,”
“Do you know how many Burea De Change people who food has been taken out of their families because of this? If you say they are the ones causing it, then where are you today?”
Speaking on how he intends to go about achieving this statement, Ubah said: “Don’t worry, that’s my business and business is secret.”
Well we sure hope his business secret would work out.