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Pulse Opinion The forex cabal and a Nigerian's view on the Naira at 250

Now, some arm chair economists and blind political party fans have quickly come out of the shadows to say it was as a result of market forces.

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Naira vs Dollar play Naira vs Dollar

I was just checking the headlines on Pulse News and I discovered the Naira has crashed from its mighty heights.

The headline read Naira appreciates against dollar by 50%, sold at N250/1$.

So, it could crash from N400 in a matter of days abi hours sef?

This incident reminds me of a saying; "it goes thus:" Person wey raise hand up, hold small pikin thing,  when e taya him go release am.

Honestly , I was getting tired of every Tom, Abu and Sekinatu attributing the rise in the price of their goods to the increase of the Dollar.

Even Cotonou mosquito coil wey I dey use for my house add money. Aboki say "Na dallah fa." even my guys in Alaba International say na "dorra."

In fact, the number of coils I have bought qualifies me to start a #BuyCotonouCoilAndSaveLife campaign.

Senator Ben Bruce's #BuyNaijaToGrowTheNaira campaign seems to be yielding result.

Read: Senator Ben Bruce buys Made-in-Nigeria ‘Innoson’ car

People are sending free stuff to him to sample. He is even test running cars.

Well, I hope he does not use me in his next common sense video as an example of nonsense.

On a more serious note, how and why did the Naira crash to N250?

Is it the forex Messiah, Ifeanyi Ubah's handwriting on the wall that made the "forex cabal" to buckle up?

Imagine, the Capital Oil and Gas boss is now being touted as the forex messiah by his praise singers.

Well! deliverance teachers always say it is well.

Read: Ifeanyi Ubah says he can restore Naira to N200 per Dollar in 30days

Back to the cabal. That reminds me, we had subsidy cabal, budget padding cabal and now forex cabal.

I think Fuad Lawal, Atenaga Collins, my humble self and others who love to eat asun from  The flace- (in the voice of African China, if you add the P, na you sabi) should form a cabal and crash the price.

Well the truth is that the Naira rate dropped right after Mr. Ubah threatened to expose those behind the matter.

Hmmmmm! There is somebody behind a matter in Nigeria.

Diezani was allegedly behind oil swap and subsidy matter, Dasuki dey him own matter, Nnamdi Kanu's people are fasting on his matter too.

There are also unconfirmed stories that Generator importers also have refused to let NEPA abi PHCN or is it DISCO succeed.

Now, some arm chair economists and blind political party fans have quickly come out of the shadows to say it was as a result of market forces.

Whether it was Ubah's threat or market force(s) that caused it, at least we know those forces can be rattled.

But wait oh! the guy(Ubah) said he wanted Buhari to call him before he deployed his 4 point agenda.

Well, what remains unclear is if the government reached out to him or not.

I think Nigerians should go beyond party borders and unite to build the nation. Nigeria is greater than Peoples Democratic Party (PDP), All Progressive Congress (APC) and any personal agenda.

But Mr. Ubah, you better stop using your N500b asset as a wager, before them say Dasuki drop one paper for your dining table.

Or maybe he passed your backyard and your alert began to swell.

Now guys dey reject any alert wey start with DAS.

Even in the dream, a guy I know that loves money jumped up from his bed, pleading the blood of Jesu, because he saw his name as Dasuki's next of kin.

Anyway! Got to go back to my news articles before my boss @osagz queries me.

But eh! More grease to the elbow that is pulling down the dollar.

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