Ubah Says He Can Boost Nigeria’s IGR By 30 percent



Looks like the Chairman of Capital Oil and Gas, Dr. IfeanyiUbah, is not done with his suggestions. Barely a week after announcing his ability to stabilize the Naira/Dollar exchange rate, the billionaire has told the Federal Government that he knows how Nigeria’s Internally Generated revenue (IGR) can be increased by 30 percent.

The businessman-cum-politician revealed this in a statement he released in Abuja yesterday, emphasizing that contrary to media reports, the Federal Government is yet to contact him regarding his tactics to end the current foreign exchange crisis in the country.

Speaking on his new initiative, 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.”

“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.”

He reiterated that his resolve to rescue Nigeria’s economy from the doldrums is for the sake of the future and is borne out of his deep concern for the Nigerians masses, stressing that “I remain resolutely committed to the Nigerian people, whom I pursue this genuine cause for.”






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