>
The Managing Director of Capital Oil and Gas, Ifeanyi Ubah, has threatened to unmask those behind current foreign exchange crisis facing Nigeria.
This comes a day after he had claimed to have a lasting solution that would firm the Naira to an exchange rate of N200=$1 within 30 days.
Speaking with newsmen in Abuja on Tuesday, the oil magnate noted 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?”