In what may gradually be turning into a publicity stunt and an attempt diverting attention to himself, the Chairman, Capital Oil and Gas Limited, Mr. Ifeanyi Ubah, has said that he has designed a template to boost Nigeria’s Internally Generated Revenue, IGR, by 30 per cent.
Ubah stated this in a press statement in Abuja, adding that contrary to reports, he is yet to be approached by the Federal Government as regards the foreign exchange issues.
It would be recalled that Ubah had sensationally claimed that he was capable on forcing down the exchange rate of the dollar to naira last week.
On the new initiatives, Ubah said: “It may also interest Nigerians to know that my team and I have also been working tirelessly on a number of issues aimed at fostering the growth and development of Nigeria and her economy.
“We have designed two templates/systems on how Nigeria’s Internally Generated Revenue can be grown by 30 per cent guarantee. However, we have decided to push our concepts and strategies out in phases. This will come in the next phase of our intervention scheme. I leave this in the hands of Nigerians and for posterity to judge.”
Ubah, who bemoaned the way politics is played with issues of national importance, said is surprising why the leadership of the country had shown no real interest in addressing the challenges currently facing the country.
“My pertinent question remains: If the current leadership really cares about Nigeria and Nigerians, why haven’t sincere efforts been made to curb this menace? I have volunteered to serve and vowed to commit everything I have and possess to the success of this cause.
“However, it is distasteful to note that ever since I made an appearance on television on the 21st of February, 2016, the relevant authorities saddled with the responsibility of saving our economy would rather play politics with the issue – an occurrence that is far too frequent and way too detrimental.”
Sounding confident and messianic, Ubah said his determination to salvage the Nigerian economy from the doldrums was for the sake of posterity and also for the interest of all Nigerians, adding that the “motivation to intervene in the current state of affairs in the country emanates from the deep concern I have for the masses and I remain resolutely committed to the Nigerian people, whom I pursue this genuine cause for.
“My concern lies with those parents who cannot afford to pay the school fees of their children studying abroad or the sick, who on health grounds travel abroad, but find the prices to be paid for treatment too steep as a result of the exchange rate. I am worried for those ICT professionals who need software from foreign countries but have to pay double as a result of the freefall of the Naira.”