By Philips Sunday
Following the comments made by the chairman of Capital Oil and Gas, Ifeanyi Ubah, on Channels TV, that he can restore the Naira from its N390 exchange against the dollar, to N200 to $1 in one month, Nigerians on Social Media network, Twitter, have aired their opinion on the said issue.
Mr. Ubah, while responding to questions on the Naira on Channels TV’s Politics Today, stressed that the fall of the Naira is not as a result of the activities of the Bureau De Change (BDC) operators.
“Look at the economy, look at the position of the naira today; some of us have ideas on how we can restore this,” he said.
“Do you know how many Burea 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.”
When asked how he would achieve the feat, Ubah said: “Don’t worry, that’s my business and business is secret.”
However, some Nigerians on Twitter maintained that the Oil mogul should be focused on the activities of his company, ‘Capital oil’ rather than channeling energy towards what he cannot achieve, while others were of the opinion that President Muhammadu Buhari, should give him the opportunity to bail Nigeria out of the mess.
Here are some of the tweets:
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