Nigerian Billionaire chairman of Capital Oil and Gas, Ifeanyi Ubah, he expressed his ability to restore the naira to 200 against the dollar in one month.



Ubah who was speaking on Channels TV’s Politics Today disclosed he would only make this happen if consulted by President Muhammadu Buhari.


He believes that the fall of the naira is not due to the end to dollar provision by the CBN to Bureau De Change (BDC) operators.

In his words: “Look at the economy, look at the position of the naira today; some of us have ideas on how we can restore this. 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.