Like a bounty hunter traversing the wide west for bounties, the managing director of Capital Oil and Gas, Ifeanyi Ubah, has been in the news recently begging for a political appointment from the Buhari’s administration. It is rather surprising that the man, who was a major financier of former President Goodluck Jonthan’s campaign organization, TAN, would easily forget the image-damaging campaign the organization aspersed on Buhari during last year’s presidential campaign.
Few days ago, Ifeanyi Ubah, in a bid to endear himself to the presidency, said he has the magic to make Naira that has been losing value against the Dollar regain its value. Also yesterday, he threatened to unmask those behind current foreign exchange crisis facing the nation, he said while speaking with newsmen in Abuja on Tuesday. The oil magnet 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?”
