Dollars Crisis: EFCC Boss Engages Bureau de Change Operators

Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, has met with representatives of Bureau de Change Operators in Abuja as part of efforts to check speculation in foreign exchange speculation.

The EFCC believes currency speculation recently led to a drastic drop in the value of the naira.

Earlier the EFCC had raided some BDC hotspots in the capital city and also in Lagos.

In his meeting with the operators on Friday, Bawa sought a collaborative stakeholder response to brazen foreign exchange speculation, especially at the parallel market, according to a statement signed by EFCC spokesperson, Wilson Uwujaren.