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Billionaire oil baron and the Anambra South Senator-elect, Ifeanyi Ubah has reacted to the report of his defection to the All Progressives Congress (APC).

The media had reported that Ubah, Anambra South Senator-elect of the Young People’s Party (YPP) on Monday dumped the party for the All Progressives Congress (APC).

The National Chairman of the ruling party, Adams Oshiohmole had also informed the APC National Working Committee members, returning/newly-elected senators at the Presidential Villa, on Monday, that Ubah was now with the ruling party.

However, Ubah in a statement said he is just caucusing with the ruling party which offers him value than being a YPP Senator.

Ubah who explained in the statement on why he attended the meeting with President Buhari and APC caucus, said he went to the meeting in order to seek solutions to the problems Igbo traders are having in Lagos.

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The statement reads: “Yesterday I was in Lagos with the Leadership of the Senate and over 20 other senator-elect to brief the press. After the briefing, I invited by our trader brothers from Tradefair Bba to meet the senators over the tussles our brothers are having with BPE over their assets and the rumours of privatizing the market.

“Luckily, Senate Leader and by God’s grace the incoming Senate President was the chairman that resolved BBA issues in 2011 with BPE( bureau of public enterprise) and made the recommendations that they are enjoying till date and he promised to swing into action immediately to resolve their current issues again and we left Lagos to Abuja for a dinner with Mr. President and APC Senators and their caucus.

“In the dinner, the APC Chairman introduced me as a potential APC incoming Senator. This was his quote and his view of which he’s doing well in marketing me but I know my mission and has not changed from my last statement of last week.

“The most important thing is that I’m caucusing with the ruling party and presently has more value as a YPP senator.”

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