This Media Guidance Note has become necessary to ensure that the media
capture in proper context the views I am expressing on the possibility
of stabilizing the Nigerian Naira (NGN / N) against the US Dollar and
other international currencies in the Foreign Exchange Market. This has
become necessary since my appearance and feature on Channels TV program
Sunday Politics of Sunday, February 21, 2016.
This impromptu appearance
has led to other similar media engagements often too short to allow me
provide detailed, structured and contextual answers. Media men and
organizations have inundated me with requests for other engagements on
views expressed on the subject matter, which, equally, have continued to
attract comments in the conventional and new media. I have herein
provided my views on the subject and allied matters for your
consideration and use.
1. REINVIGORATING THE ECONOMY AND STABILIZING THE NAIRA AGAINST INTERNATIONAL CURRENCIES
In
the course of my interactions with Seun Okinbaloye of Channels during
Sunday Politics I noted that there were things that we could do to help
stabilize, reinvigorate, and redeem the fate of the naira. I stand by
those statements. The time was short and I could not fully contextualize
my views, which is a product of years of brainstorming and scenarios
building. The current economic situation did not happen by accident. The
likelihood and probability of it occurring had been “crystal clear to
the blind and audible to the deaf”.
We
need to correct some of the erroneous impressions making the rounds and
again change the negative narratives making the rounds concerning the
genuine efforts of the President Buhari led government. For example,
some opine that the short fall in naira was because of the activities of
the Bureau De Change (BDC) operators. Others feel it simply has to do
with our consumption pattern, what we import into the country and weak
export profile. The truth is that it is inclusive of all of these and
more. I have developed, with my team, a deep understanding of the
subject matter from a patriotic perspective. I am therefore very serious
when I said “Look at the economy, look at the position of the naira
today; some of us have ideas on how we can restore this.”
When
called upon, we shall be willing to share and participate in the
concerted efforts. I am not speaking just as a businessperson. We are
addressing it with theoretical and empirical processes; introducing
measures that will enhance sustainability. The thought-formation is
crosscutting, multidisciplinary, and multi stakeholders involving. We
are maintaining a safe “theory – research –policy – legal – marketplace
practice – patriotism” balance in what we have proposed.
2. METHODOLOGICAL APPROACH (Appreciative Inquiry, Critical and Creative Thinking)
The
proposed possibility is firmly rooted in our ability to combine the
rich elements of Appreciative Inquiry with positive elements of Critical
and Creative Thinking. Permit me to stress, again, I am not alone in
this matter – “a tree does not make a forest”. I belong to a class of
patriotic Nigerians who are committed to brainstorming and thinking out
of the box in search of solutions that can help move Nigeria forward.
The team I belong to has Nigerians from diverse backgrounds and
persuasions often concerned about the fate of Nigerians and keenly
desirous of creating the Nigeria of our dreams.
What
we have done over the years concerning the stabilization of the
Nigerian Naira is seek avenues of maintaining a safe “theory – research
–policy – legal – marketplace practice – patriotism” balance in what we
are proposing. We have taken the pains to interrogate the attendant
issues and circumstances within the context of global dynamics and elite
conspiracy theses desirous of bringing Nigeria an economic crisis aimed
at further pauperizing Nigerians.
The
choice open to us is simple. As a country, we must unite to confront
the forex challenge together because of the negative multiplier effects.
We must challenge the cabal behind the current trend, serve the forces
of darkness the required ‘quit notice’ and commence the required
revolution against them. President Buhari has said “NO TO DEVALUATION OF
NAIRA” and we stand by him on this. We shall support the CBN measures
aimed at mitigating the forex challenge.
For
the avoidance of doubt and in response to those who have sought to know
what we shall do. It is no ‘voodoo science’. It is a principle we have
tagged the “SIR Principle”. Being the acronym for Strategy, Implementation and Results.
On
Sunday, February 21, 2016, we commenced the first component of our
strategic options and methodological approach followed by the boldness
of challenging the cabal. The efforts as envisaged by “SIR Principle” is
yielding dividends. Since my TV appearance and statement on Sunday
night on Channels TV, the Dollar crashed from about N400/$1 to a
year-low of N220/$1 before stabilizing at N290-N300/$1 currently. Is
this not enough evidence that we can arrest this artificial freefall of
the Naira with honesty and ingenuity?
Our
media appearances constitute another component that will galvanize and
mobilize Nigerians for proactive measures, which include shunning,
ignoring and rejecting the Dollar until it crashes to N200! We are
calling upon Nigerians to demystify our demand for this commodity - THE
DOLLAR – and stop patronizing products that drain Nigerian forex
reserves. You can now observe that this is not a POLITICAL STUNT, as
some quarters would want well-meaning Nigerians to believe.
When
we intervened concerning the fuel scarcity situation of the country,
and I wish to ask, what political gains have I achieved by defying the
strike action? My actions are born out of sheer and deep love for
country, something I have proven repeatedly despite being highly
misunderstood – a perception I pay dearly for sometimes. I may not be
Bill Gates or Mark Zuckerberg but I believe I am the David that will
face and defeat Nigeria's Goliath (Naira vs Dollar).
3. STAKING OF ASSETS WORTH OVER N500BILLION
The
need to clearly draw attention to the fact that what we present is
possible informed staking of my over N500billion assets. It is firmly
rooted in the realm of the empirical – it is that which is
possible. If the country is not willing to listen to the bright minds am
working with as individuals or as a collective they should at least
listen to me based on what the Bible even noted:
“Once
I saw what people really think of wisdom, and it made an impression on
me. It happened when a powerful ruler surrounded and attacked a small
city where only a few people lived. The enemy army was getting ready to
break through the city walls. But the city was saved by the wisdom of a
poor person who was soon forgotten. (He was only a poor man, after all.) Therefore, I decided that wisdom is better than strength. Yet if you are poor, no one pays any attention to you, no matter how smart you are.
Words of wisdom spoken softly make much more sense than the shouts of a
ruler to a crowd of fools. Wisdom is more powerful than weapons, yet
one mistake can destroy all the good you have done.” Ecclesiastes 9:13-18
To
God’s glory, I am the arrowhead of the team of patriotic Nigerians
brimming with confidence and ideas, which is why I would dare to make
such an audacious wager now to save the Nigerian economy and douse the
suffering of the masses. It is with the same ingenuity of Appreciative
Inquiry, Critical and Creative Thinking that I hinged the
conceptualization and building of Capital Oil and Gas Industries Nigeria
Limited (one of my companies). A company that until date, contributes
above 35% of Nigeria's daily petroleum consumption, is a feat that has
remained unparalleled industry wide. This fact is verifiable through
NNPC/PPMC and DPR/PPPRA. A simple Google search will validate this or
better still through NNPC's twitter handle @NNPCgroup. Achieving this
feat, by neither waiver nor any form of grant or concession from the
government, means that with God’s help and the interest of suffering
masses of Nigeria in focus, then this task which I have said and set my
heart to do is possible!
We
call this “putting your money where your mouth is”. Nigerians should
keep the faith with me. How else do we define patriotism? What
patriotism or sacrifice could be greater than this? By the grace of God,
I have a 75% success rate in all I set out to achieve and I thank God
immensely for this gift.
4. WHAT BENEFITS ARE YOU SEEKING?
My
benefit in this is simply the satisfaction that we can move Nigeria
forward. I am wholly Nigerian, I have an unfathomable passion for the
masses, and downtrodden as I was once part of them before God turned my
water to wine. Nevertheless, I still feel my yesterday in all that I do
today and tomorrow by God's grace.
My
belief and faith in GOD has made me to understand that “the poor we will
always have with us” but we need to understand and practice what the
Bible expects of us in Deuteronomy 15: 11, which says, “Therefore
I command you to be openhanded toward your fellow Israelites
(Nigerians) who are poor and needy in your land”. This is why it is not
philanthropy or corporate social responsibility when I pursue pro-poor
agenda. For example, to the glory of God, I singlehandedly built the
best street in Lagos and continue to give uninterrupted power supply to
my entire neighborhood in Lagos, a responsibility I took up and have
been fulfilling for a decade now. I have never spoken about this before
and I am thankful to my neighbors for their prayers that is the most I
need from them.
The
over two thousand employed Nigerians in our corporate concerns have a
deep affection and respect for me against all odds, even when we find
ourselves in the murkiest of waters. This is despite the frustration we
seldom face from many quarters, including the government as epitomized
by our travails with AMCON that has not helped matters, however we
remain happy at all times. Therefore, we continue to create businesses
that provides gainful employment opportunities for Nigerians and to the
glory of God, we are surviving despite having to make a huge sacrifice.
I
sincerely feel the pains of the ordinary Nigerian concerning the
freefall of the value of Naira. I have prayed and consulted my God, who
has led me to offer the solution, to help in any way I can and to tell
all I know. I decided to stake the entirety of my asset to my assertion,
in order to save the common Nigerian, many of which suffer the ripple
effect of the slide in the value of Naira, a slide that has been
inexplicably detrimental to the livelihood of Nigerians by way of
inflation.
The
benefit desired is a stable and virile Nigeria that the people are
self-reliant; contributing to the national development and growth not as
mere statistics but valuable human resources.
As a
conflict management practitioner, we did our patriotic and
nationalistic intervention when the country was at the brink of economic
collapse due to the sabotage by those who executed the strike action in
the petroleum sector. That strike action was a move that would have
scuttled the May 29 handover ceremony, a move that made
telecommunication companies, hospital and banks shutdown, I
singlehandedly defied the strike by opening up Capital Oil and Gas'
massive facility for round-the-clock loadout to all parts of the
country. I supplied products to hospitals and telecommunication
companies without payment. I also supplied the Lagos State Government
House and major political actors across the major political divide of
the All Progressives Congress' and the PDP. This singular gesture
consequently induced the striking parties to call off the strike, as
they were well aware that my actions had brought their strike action to
nullity
5. RELATIONSHIP WITH AMCON
Our
experience with AMCON is an interesting one. We know the forces that
motivated some of their actions and are very grateful to GOD for the
wisdom and grace to cope with the subject matter. It is on record that
they managed Capital Oil and Gas Industries Limited for two years as
part of the challenges. They failed and nearly ruined the company before
returning it. The core of the challenge remains our zealous investments
and capitalization based on federal government policy and the desire of
some unscrupulous elements to divest us for being proactive. We are
back to the courts on some of the issues so it will be prejudicial to
discuss details. Nevertheless, we are on course and all the challenges
will soon be over.
6. HISTORY, MOTIVATION AND PHILOSOPHY OF TAN
The
Transformation Ambassadors of Nigeria (TAN) was borne out of genuine
acts of patriotism. I belong to a class of patriotic Nigerians who are
committed to brainstorming and thinking out of the box in search of
solutions that can help move Nigeria forward. TAN emerged out of such a
process. The team I belong to has Nigerians from diverse backgrounds and
persuasions, often, concerned about the fate of Nigerians and keenly
desirous of creating the Nigeria of our dreams.
You
will recall that early in 2012, we experienced the series of protest
marches that nearly paralyzed the economy of the country and actually
threatened Nigeria’s nascent democracy and could have led to the
truncating of our democracy again. President Jonathan suddenly became
the most vilified Head of the Nigerian-state in history. Anywhere you
turned from then on, commentaries on him were negative. The political
class embarked upon a process of “embalming his presidency alive”. In
addition, members of his political party, the executive council, the
legislature, organized labor, civil society and the academia were
throwing all manner of objects at his presidency that was struggling for
life. Ideas on way forward came up in the course of our unending
brainstorming sessions.
Interestingly,
a number of the eggheads with whom I join in brainstorming came up with
the notion of “positive narrative advocacy” with concerted youth
mobilization and empowerment as the way forward. Fortunately, I was in a
position to help put some seed money where our minds indicated as the
way forward. Others contributed their wealth of experiences, ideas and
time. TAN system had patriotic Nigerian men and women deeply willing to
take risks, work odd hours and without serious considerations on their
remuneration. TAN did a lot of research to get our facts right about the
activities of the then federal government and packaged materials for
media blitz through jingles for radio and television broadcast. We
published pamphlets and handbills to project the achievements of the
federal government under President Jonathan. We changed the narrative!
7. FUNDING OF TAN
This
is the question everyone is always interested in asking because of the
positive impact of TAN and levels of success recorded within the
shortest possible time. The then opposition political party, APC, became
jittery, very jittery and the then ruling party, PDP, became
uncomfortable. Simply because, we reconstructed the political elite
“embalming machine” attached to the President Jonathan presidency into a
life giving and life-support machine.
In specific terms, TAN had the following levels of funding and resourcing for its activities. They are:
(i) Freewill Human Resource Contributions of intellectual, time, physical and material resources --- as pro bono contributions, others at marginal allowances, non-economic rates;
(ii) Personal Financial Contributions
from me as part of my patriotic, philanthropic agenda and those from
the corporate concerns under my purview as part of corporate social
responsibility of my businesses to Nigeria.
(iii) Self-sponsorship, mobilization and participation by groups and individuals at the public events, rallies, etc.
(iv) Goodwill Donations from some well-meaning Nigerians who were encouraged by what we were doing and felt compelled to chip in something.
In
the light of revelations associated with some of the pro-President
Jonathan projects ahead of the 2015 Presidential Election, many have
insinuated the probable involvement of TAN; expecting the mention of TAN
as a probable beneficiary of the now commonly referred to #Dasukigate!
Others are even waiting for the probe of the oil sector (petroleum
industry), hoping to get a glimpse of what it will reveal. They are
expecting some form of scandal. Thank God, there is none and there will
be none. It should interest you to know that we never sourced money from
the government. As a matter of policy, we do not do government
contracts. I do not have any oil bloc….
In
order to give a figure to the total amount we committed to the TAN
project, the Finance and Administration component is working with a firm
of Financial Consultants and External Auditors to conduct the
post-project Audit. It is after this that we shall publish as expected
by extant regulations and legal framework governing the registration of
TAN. We shall invite you then and even make copies available for your
library.
8. RELATIONSHIP WITH PRESIDENT JONATHAN
It
is on record that it is providence based on the positive record of TAN
products – jingles, etc. that drew President Jonathan our way. I believe
he used instrumentalities of state at his behest to verify who we were
and that we were genuine patriots working in the interest of Federal
Republic of Nigeria. Some people spoke positively about our activities; I
believe he was further convinced about us amongst the many
organizations seeking his attention even as they campaigned for him. TAN
is unique and our media campaign world class. His recognition of TAN
and visits served as the required motivation to do more. We had
opportunities to interact with him to clarifying our motivation, goal
and objectives. The sessions provided us the required understanding and
shared vision for his presidency. Our hearing directly from him provided
us with the impetus to do more even much more than agencies of
government because we saw in him a “meek”, “humble” and “sincere” man
wanting to transform Nigeria.
As
they say, the rest is history. Notwithstanding that, we should commit
the rest to history; I must disclose that originally TAN did not intend
to cross the “partisan political line” we eventually did by
circumstances. We were compelled to do so! In order to retain the
life-giving support to the Jonathan presidency until his last day in
office.
No doubt, in crossing the line we incurred some people’s wrath and garnered the “misunderstood label”. Nigeria
remains our focus. Stabilizing the Nigerian-state our concern.
President Jonathan as then incumbent President was our champion and the
symbol of our national sovereignty. We are glad we contributed to
his appreciating that within the period he served Nigeria he could
achieve so much and that there was no need to hold on tightly to reins
of public office and power. We salute him! We are glad to have had the
privilege of working with him so closely; affecting his presidency in
the twilight positively to allow him navigate the political landmines.
Given the same circumstances, we should gladly work with him for
Nigeria’s sake!
9. PROBABILITY OF WORKING WITH PRESIDENT BUHARI
I
just mentioned to you that Nigeria remains our focus. Stabilizing the
Nigerian-state our concern. The interest of the group of Nigerians I
belong to remain constant, NIGERIA! Pan-Nigerian! Nigeria must survive.
Nigeria must make progress! We must achieve with concerted efforts the
development and growth of Nigeria as a task that must be done.
Today,
the Nigerian presidency, the sovereign of our country is President M.
Buhari. In order for Nigeria to move forward and get things resolved in
favor of Nigeria and Nigerians, it is through the person of President
Muhammadu Buhari. Our successes as Nigerian hinges on his success as the
President, C-in-C.
As a
businessperson and a ‘political animal’, Ifeanyi Ubah, is aware that
the 1999 Constitution in Section 14 stipulates that Nigeria shall exist
“on the principle of democracy and social justice”. In addition, the
section provides that “sovereignty belongs to the people of Nigeria from
whom government through this constitution derives all its power and
authority” and that the primary reason of government is “security and
welfare of the people”. In conclusion, that same section assures “the
participation by the people in their government…according to the
provisions of the (1999) Constitution, as amended.
President
Buhari emerged as the President of Nigeria through a valid democratic
process. I remain a Nigerian. TAN is Nigerian. TAN members are
Nigerians. Nigerians are to participate in the democratic space as a
collective with concerted efforts. It is therefore given that all
Nigerians should participate in government. We will therefore continue
to participate positively in the affairs of Nigeria. Nigeria’s nascent
democracy is our own. We are all going to be involved.
We
shall utilize the human and material resources at our disposal to
support Nigeria and the government in office whichever party holds sway.
Our support is for the common good. TAN membership, of close to six
million, is bigger in size than many political parties and have a
presence in virtually all the nook and crannies of Nigeria.
In
fact, May – July 2015, weeks after the inauguration of President Buhari,
breaking ranks with the oil majors, we availed Nigerians, the
government the required lifeline by releasing the petroleum products in
our “tank farms” to contribute our own quota to removing the fuel queues around the country.
In
concrete and direct terms, we are willing and already working with the
government of President M. Buhari. As corporate concerns, we pay tax,
etc. and are willing to provide some out of the box suggestive thinking
and scenarios building of our brainstorming group. Yes, our think-tank
is available for serious constructive engagement and consultation. The
novelty is that at times once we are convinced with issues, we are
willing to mobilize and execute the pilot with required approvals of
government so they can consolidate upon the gains and our success
stories. You need to recall the number of MDAs that published reports
and records of achievements that TAN did not cover in our series of
publications.
We
can provide the current federal government of Nigeria to help out of the
globally induced domestic challenges. That is, contribute our own quota
to navigate the many political landmines.
10. POLITICAL STATUS AND IDEOLOGY
I
am not a politician in the crude Nigerian definition of the term
politician. I am an Aristotle “Political Animal”. I have viable vocation
and ongoing business concerns that is the source of livelihood of which
am grateful to God and from which any probing eye can ascertain verify
or validate my incomes on which I pay tax without seeking patronizing
waivers should I have to import anything.
I
am equally a student of the social sciences and history. As a practical
student of social sciences of which political science is an integral
part, my past time is inclusive of experimenting and setting the pace or
agenda for paradigm shift in doing things and making political moves.
Bringing lessons learned from history to realities, I am interested in
confirming what the outcomes would or could be if some political or
economic actors had pursued issues differently.
I
got involved in the politics of Anambra State Governorship to heighten
the stakes and convert the governorship elections in the state to the
level of “issues-based campaign” on the one hand. On the other hand, my
involvement was to sound a note of caution to my privileged kit and kin
financially endowed by God to leave politics alone if they are
personally not the ones contesting. You know before then, the negative
story of “godfathers” involvement in Anambra politics. How godfathers
crippled the tenure of Dr. Mbadinuju, truncated the tenure of Dr. Chris
Ngige and challenged Mr. Peter Obi. Therefore, by coming on board for
the governorship election directly I initiated a paradigm shift. It is
all about the people! I am committed to serving for the common good!
11. POLITICAL POSSIBILITIES AND CHARTING OF NEW FRONTIERS
As a
student of history and politics, in the team I lead, we are convinced
that there are political possibilities even as we chart new frontiers.
For example, we joined forces with others for the 2015 General Elections
to reinforce the credible records of the metro-cosmopolitan nature of
Lagos as a melting pot and the history of being a “Home-for-All”.
This
contributed to the emergence of some non-Yorubas as representatives
into the legislative assemblies at the State and National levels. We
achieved this in concert with the pan-Nigerian focused Yorubas who were
convinced of the need to reinforce the traditional hospitality of the
Lagos people and reaffirm with double reassurance the security of
investments in Lagos. We proved that it was possible to rekindle the
trust of the nationalist movement era in Lagos beyond mere political
appointments and the ceremonial one-day Governor. Breaking a 70 years
old jinx in Lagos in campaigning and facilitating the election of eight
non-indigenes into the Lagos State House of Assembly and six into the
Federal House of Representatives, we have strategically elevated public
service away from primordial sentiments to concern strictly with
qualitative and efficiently effective representations.
12. WHO IS IFEANYI UBAH?
Patrick
Ifeanyi Ubah is a Nigerian who incidentally was born to Alphonsus Ubah
of Nnewi, Anambra State on September 3, 1971. Grateful to God, I am
married to my heartthrob, Uchenna - a God sent helpmate.
A businessperson, an entrepreneur to the core involved in the petroleum
sector and other viable areas of our national economy. A committed and
patriotic Nigerian. Patrick Ubah is a Christian of the Roman Catholic
faith. He is the Managing Director, Chief Executive Officer of Capital
Oil and Gas, First Nigerian Independent Oil Company, Oil Force Nigeria
Limited, the Publisher of The Authority Newspapers and the President of
FC Ifeanyi Ubah.
By
the way, Capital Oil and Gas, is a company with a massive facility that
contributes over 35% of Nigeria's daily petroleum consumption, loading
out an average of 15million litres daily.
The
Authority Newspapers is the only newspaper that publishes two different
editions daily: The National Edition and The South-East Edition.
Authority Newspapers is currently the fastest growing newspaper in the
country, doing tremendously well in the market.
My
venture into the Nigerian Football scene and the innovative ideas that I
brought to Nigerian Professional Football League has turned the tide,
bringing a long overdue excitement and panache to a league of over 30
years old. Our Brazilian and other imports are currently attracting over
60% of the total spectators coming to the stadium to watch football
matches, both home and away. I have managed to rejig the league in less
than a year. FC Ifeanyi Ubah stands atop the list of the most sought
after Nigerian clubs by international football clubs seeking to
establish positive and long-standing partnerships with a view to
scouting and harnessing budding local talents as well as exchange of
strategy/ideas.
I
must quickly add, “Ifeanyi Ubah" remains a man perceived as
controversial and is often misunderstood. This is because of the will
and strong desire to stay with and protect the interest of masses
according to divine injunctions contrary to the exploitative wish and
machinations of political and economic elite. This erroneous perception
is the steep price I have to pay for being an incorruptible Nigerian and
clear mirror to the nefarious elite who often collude to hatch, over
the years, series of unfounded allegations leveled against me and
circulated using the media but to the glory of God, none has been either
proven or substantiated.
Ifeanyi
Ubah, as an investor, in over two decades has made some mark for which
he has received some public recognition and awards. The Federal
University of Owerri, Nigeria awarded him a Doctorate degree in
Management Technology (DMT), in appreciation of the depth of his
understanding of Strategic Management and the possession of a "can do"
mentality. Similarly, Montclair State University, New Jersey, United
States awarded me with a Doctorate degree in Critical and Creative
Thinking for ingenuity in conflict resolution and management.
13. CLOSING REMARKS
I
wish to reiterate that I am doing this for sake of posterity and in the
interest of all Nigerians. I have no reason to seek for anything more
in life as I am highly blessed by the grace of God. I also have no
reason to seek for attention or popularity because I am a contented man.
I am a product of humble beginnings and a modest background. However,
my desire/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. Permit me to state unequivocally that I do not have
much need for the dollar in carrying out my businesses. My loyalty rests
with those traders who cannot import anymore because of this outrageous
hike in the exchange rate. 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.
I
have always volunteered in the past, to intervene in issues of this
magnitude without proper consultation, acknowledgement or appreciation
from the relevant authorities. I seek a change from the norm. It would
do no one any harm if the relevant authorities showed a little bit of
gratitude for my timely interventions as it concerns matters of national
interest. However, if we desire to successfully execute the strategies
and systems we will propose, the government must be fully involved as
the powers to implement our proposed strategies fully lies with them.
My
pertinent question remains: If the current leadership really care 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 posses to the success of this cause. However, it is
distasteful to note that ever since I made an appearance on Channels TV
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.
May
I use this medium to debunk a certain rumour currently making the
rounds on social media asserting that I have been contacted and
contracted by the Federal Government of Nigeria to consult on the FOREX
issue. I wish to categorically state that as at 4:00PM (WAT), Sunday,
28th of February, 2016, neither I nor any member of my team has been
contacted/contracted by the Federal Government or any of her
representatives/proxies to consult on the FOREX issue. If and when
contact is made, I will personally inform the media about the
development to avoid misinformation which our media space is frequently
awash with.
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 2
templates/systems on how Nigeria's IGR (Internally Generated Revenue)
can be grown by 30% - GUARANTEED. 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.
God bless the Federal Republic of Nigeria.
Dr. Ifeanyi Patrick Ubah
Abuja, Nigeria
Sunday, February 28, 2016
