Dating is a gradual process

C ronaldo sure

By Emma Ujah, Abuja Bureau Chief
ABUJA— The Managing Director, MD, of
Capital Oil and Gas, Dr. Ifeanyi Ubah,
yesterday, 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 do 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?
“Do we have what it takes? It is not about
being a professor in school but doesn’t know
the chemistry of how a business plays.I know
the people who are causing this problem and I
can name them. I am fearless.
“I don’t want to be a Minister of Finance.I
don’t want to be Governor of CBN. I don’t
want any appointment from the federal
government. All I want is to be a consultant
on financial stability and it will be free of
charge.”
The Capital Oil MD reiterated that he was
ready to stake his entire business empire
worth more than N500 billion on the proposal.
According to him, he would be prepared to
work with other good spirited, knowledgeable
business operators and financial experts, as
well as, the Economic and Financial Crimes
Commission, EFCC to achieve the goal.
Given the opportunity, it would not be the first
time that he would rescue the nation’s
economy from the edge of collapse, as he
claimed to have brought life to the economy
at ex-President Jonathan Goodlook’s
administration at the peak of the fuel crises in
country. FOLLOW ON TWITTER @james_twitts

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