wellmax:
inasmuch as I don't expect much magic, this your comment is just crass. 'Don't assist so they don't take glory" SMH. Who are the sufferers? Isn't it the ordinary Nigerians. Its people like you not help the poor but will rather watch them die just to get some vain glory.

I will help a poor who needs and appreciate my assistance and not a loafer who prides in another's achievement!

Shut up and get out if u dont hav anytin sensible to say

Coolcash1:
This man is just seeking for relevance...Perhaps he is among those that have stocked cash dollars in the soak away and ready to return it to bank...Seriously, he should just shussh his mouth and face his business rather than make mockery and public Shame of himself...

sparkleboy:
The truth of the matter is that Mr Ubah knows the rudimentary code of demand, supply, artificial scarcity and Hoarding.
They use this theory a lot in the fuel retail business, so He knows what is happening.
Mr Buhari is just to clueless and to understand this simple economics since he failed his Waec what do you expect.
The previous policy of rejecting Dollar deposits also helped to worsen the situation.
I hope Mr Buhari listens to real economist and not all his 97+5=100 ministers.


BTW Mr Ubah is just an experienced retailer, so Baba should take his consultations with a pinch of salt so that they would not completely ruin Nigeria's economy on the anambra trial by error economics. I don't also trust this man

When you call your President clueless I just wonder what your son will call you. Such dirt from you

“Since my appearance and statement on Sunday night on Channels TV, Dollar has crashed from N400 to $1 to N370 to $1. Is this not enough evidence that this freefall of the Naira is artificial and could be better managed, with honesty and ingenuity?".

This says it all.

kennyman2000:
This man may know more than the govt herself knows. Let's keep watching!

Exactly. They are things you see and know as a street ma/businessman that people in administration or government don't see. This is common sense!

What am seeing here about naira appreciating is equivalent to trading the news in online fx. The fundamentals have not changed.I won't say more than this.

The illiterate President is about to be conned by a street-savvy illiterate. I keep wondering why I was birthed in this country.

989900:
It was largely artificial to start with: fraud, racketeering, profiteering, hoarding, and e.t.c.

Shame on all those experts, especially Sanusi, calling for the devaluation of the Naira . . . they were fueling panic buying and hoarding.

Kudos to PMB for keeping steadfast: "I will not devalue the Naira", in the face of all the ridicule and pressures, both domestic and foreign.
SMH@all this Ivy-league schooled fraudsters without street training .

I guess the little nudge in crude prices, the CBN returning the BDC's deposits (indicating it is truly over), and the rallying of all Nigerians both public and private helped too -- we are still a far, far, way from home though.

The govt's team knew all along that something was amiss and a lot of underground investigations are going on.You would hear some of these saboteurs squeal before they are exposed and financially partly maimed.Some people did not know it is partly why the regime is saying NO...NO to devaluation.The administration and its team have a hell of a fight in front of it because the last election's defeat had birthed millions of saboteurs which only good considerations from the man at the helms of affairs to them could turn them into patriots.
A word is enough.....

This is a self serving man who doesn't have the interest of the country at heart. So unless you are appointed you wont disclose your non-existent strategy, is that someone who has the interest of the nation at heart? I really detest that imbeciles like this have a voice in our country. This is our problem in this country, thugs and area boys like fayose, Tompolo, Ubah etc have been empowered.

apatuku:
Capital oil is owing it staff 7 month salary. Ubah should find solutions to this first.

Ewu awusa like you which of the capital oil

Ifeanyi Ubah is on point. Truth be told some Igbo guyz can make our economy blossom. Btw, please contact me 4 ur building/construction works in Keffi and Abuja. 07037629947

fyneguy:
You need an appointment before you can help your country

Funny u. Was it not same way Buhari needed to be president before he can help his country.

Why the attached condition?

ladyF:
Chai make dollar no appreciate yet o, make e wait small biko....e go be bad market for some pipu

It's [size=15pt]LadyF[/size] again

Its simple I have been saying it since the rise was artificial manipulation.....BDC were in Bed with the banks in this country to exploit Nigerians with the taste for luxury and foreign products....how you may ask?...let me sight an example most ppl could not reject the urge to still use their cards home or abroad to get stuff which bank rate didnt apply instead some banks charge at most 370/$1 for transactions making huge marginal profit...I bet you if Mr Ubah ever name names which i doubt....It will be Bank CEOs and MD union with BDC cabals

fyneguy:
You need an appointment before you can help your country

Well, he can continue to WAIT for the APPOINTMENT......

Because that appointment will not come, UNTIL HE HAS PAID THE FOUR MONTHS SALARY ARREARS HE IS OWING THE COACH, STAFF and PLAYERS at his Ubah Football Club!

I am sure Buhari is like "Wetin dey do this Eediot wey never pay im staff"?
No be only Consultant, na Militant!



Lastpage!

dre11:
hum!!!!



www.lindaikejisblog.com/2016/02/its-now-n310-to-dollar.html?m=1

it's the speculators that is making the dollars scares

now 290/1

Alertz3:
I think this man may not be far from the truth. Speculators are the problem. The popular story of the monkey dealer comes to mind.

"I know that you know that I know"!

emzila:

there is nothing special about wat he said, he is personally among the people. all they need do to change the situation is to offload their dollar holding. that is not the duty of CBN Governor or minister of finance. has anybody give him the audience he sort? no but the dollar is on its way down.

Isn't the fact the dollar is going down since he made his claim a proof he knows what he's saying?.

Agubushmenyo:
Mr Ubah, but some people said it was Buhari's cluelessness...

Wailers will hide their head in shame!!

if uba truly knw why, as u wnt us to bliv, den buhari is clueless I'm surprise at ur reasoning or shuld everytin b abt defending d govt? Btw govt don't need external defense to perform but bashing in order to keep dem on their toes. So grow up frm now.

lookandlaff:
This is a self serving man who doesn't have the interest of the country at heart. So unless you are appointed you wont disclose your non-existent strategy, is that someone who has the interest of the nation at heart? I really detest that imbeciles like this have a voice in our country. This is our problem in this country, thugs and area boys like fayose, Tompolo, Ubah etc have been empowered.

Remember this same man you are castigating now single handedly ameliorated the sufferings of Nigerians during the fuel scarcity debacle of 2015. He took the interest of the nation at heart and flooded the nation awash with fuel and there was relief. Now duty calls again, Nigerians want a relief and he steps foward again to be counted but some like you have resorted to name calling. Why the hate. Its not neccesary. We want solution.

I still wonder how people take this attention seeking man serious. "I will name those behind forex crises", that's the last you will hear without him ever mention any name. Ever since Jonathan lost and he has not been giving recognition in the seat of power he has long being hungary for a VIP attention from aso rock, if Buhari is wise he should just ignore him.

mercyville:
The govt's team knew all along that something was amiss and a lot of underground investigations are going on.You would hear some of these saboteurs queal before they are exposed and financially partly maimed.Some people did not know it is partly why the regime is saying NO...NO to devaluation.The administration and its team has a hell of a fight in front of it because the last election's defeat had birthed millions of saboteurs which only good considerations from the man at the helms of affairs to them could turn them into patriots.
A word is enough.....

If we all recall, when Buhari was in London for the Syria Appeal fund (and his Medical Checkup), he faced a Question & Answer session with Nigerians living in the U.K and the issues of Naira Exchange rate and Closing of BDC's was asked.

The President openly stated that the Exchange rate was being MANIPULATED by a few people, ...and he mentioned the issue of CBN Directors owning Burea De Change, and then syphoning the "Govt Dollars", to their own BDC, at Govt/Official rate, ........to now sell in the Black market thereby making fantastic profit.

if anyone has Dollars to sell, let them sell it at the Black market or Whatever rate, that is not Govt's problem.
But no one should be allowed to take Dollars from the CBN...... and then take to sell at the Black Market

We all know this problem will fissile-out in a few months time, if the President can hold on and weather the storm from these #Wailers.
Just like the hyped fuel shortage, about a week ago.



Lastpage!

Buhari go gree?he won't accept his inability to rule. Mohammadü the traveller.

The reason why naira is appreciating is that since yesterday bloggers

and youtubers especially youtube Nigerian musical videos that are monetized are selling their Google adsense dollars in drove.

This was how it happened in last Jan. 22 - 26, when it went from N307 to N290.

I am afraid this naira appreciation might be short lived.

Na wao this man self.... Take thing easy na. Carbal dey for forex too and PMB connections no dig them out, na you think say you fit expose them. Tell us something else.

toposi4naija:
Thiz man provokes me shaa ooo..........can't yhu help revive the dying economy of ur state?.....all u can say is if I can be appointed as blah blah blah................

his state is the mos economically successful state in Nigeria today.
stop hating pls and join the struggle for a better nigeria

lonzo:


When you call your President clueless I just wonder what your son will call you. Such dirt from you

Swear on the life of your children that you never referred to GEJ as clueless. Swear

In the old soviet union, this guy would have been placed against a fence and riddled with AK47 bullets for being privy of information that negatively affected the state and doing nothing about it. That is the same thing with being a spy and it is high treason.

I'm just saying

TANoidEconomics.......

PMB should ask DSS to water-board this Ubah guy he will talk all that he knows about saboteurs if true without asking for any appointment in return,

The bagger want to blackmail the government to get appointment or contracts,

By the way no be this guy promote TAN