Ifeanyi Ubah Threatens to Name Those Behind the High Exchange Rate

Ifeanyi Ubah 

Managing Director of Capital Oil and Gas, Ifeanyi Ubah, has threatened to reveal those behind current foreign exchange crisis Nigeria is experiencing.
Speaking with Daily Post he said, 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?,” he queried.

Yesterday,  he released  a statement

“Fellow Nigerians, I wish to thank you for the support and encouragement you have given me so far. It has been unprecedented.

“As at this evening (Tuesday), the dollar has dropped further to N310 as against N390 on Sunday evening before my interview on Channels TV.

“This shows that the earlier increase has been artificial as some people were manipulating and benefitting from it. They will all be fished out in due course so that Nigeria will be better and the suffering of the masses will end.”

“With God and our sincere efforts, even when we have not been fully consulted, the Dollar can still be brought down to N200 and below.”

“Let the discourse continue. Shun the dollar till it’s N200,” he said.

Pray for Nigeria and let the Dollar go down to N200 and below."

This afternoon it's been confirmed that the exchange rate has further dropped  to N200 to 1$.

A single man turning our economy around.