I Will Expose Those Behind Naira Fall–Ifeanyi Ubah

Top Nigerian businessman, Ifeanyi Ubah, has threatened to publicly name those behind the crisis rocking the country’s currency in the forex market.

On Sunday, the Capital Oil and Gas boss said on Channels TV that if given the opportunity by President Muhammadu Buhari, he would ensure the Naira exchanges for a Dollar at N200 within a month.

While addressing newsmen in Abuja on Tuesday, Ubah disclosed that since his Channels TV interview, the Naira has strengthened in the parallel market.

“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?

Ubah promised to work for Buhari as consultant on Financial Stability without pay. The business mogul said he knows those behind frustrating the Naira and would be ready to shame them.