‘I will make $1 = N200 in 1 month’ – Ifeanyi Ubah

Billionaire business man and Chairman of Capital Oil, Ifeanyi Ubah, has good news for Nigerians.
He says he can make the dollar rise to N200 within one month.

Ubah was speaking during a Sunday night, February 21, programme on Channels Television when he said this.

Ubah also disagreed with the Federal government’s refusal to sell the dollar to operators of Bureau De Change.

‘Look at the position of the Naira today. Some of us have ideas on how we can restore this. Do you know how many Bureau De Change people who food has been taken out of their families because of this?

‘If you say they are the ones causing it, then where are you today? It needs strategic management. It won’t take me one month, if you give me part of that consultancy, Naira would come back to 200. I can bet my life with it. Naira would come back to N200. If you call me for that consultancy, I would put Naira back to 200,’ he said.

The Naira now sells at over N400 against the dollar in the parallel market.

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