Operatives of the Financial and Monetary Crimes Fee on Monday raided some Bureau de Change operators in Wuse Zone 4 space of Abuja.
They’re mentioned to have arrested about 50 unlawful operators.
Towards the backdrop of the declining worth of the naira, the EFCC had arrange a particular job pressure amongst its commanders to fight people who have been mutilating the Naira and dollarizing the Nigerian financial system.
This was contained in an announcement by the EFCC spokesperson, Dele Oyewale on Wednesday, February 7, 2024.
“The EFCC has established a particular job pressure in all its zonal instructions for the enforcement of present legal guidelines in opposition to forex mutilation and dollarization of the financial system.
“The duty pressure, inaugurated by the Govt Chairman of the Fee, Ola Olukoyede, was established to guard the financial system from abuses, leakages and disruptions that expose it to instability and disruption,” the assertion mentioned.
A Bureau de Change official, Dayyabu Mistila, who confirmed the raid and subsequent arrest to journalists, acknowledged that the officers mentioned the raid was as a result of rising alternate price of the greenback and different currencies in opposition to the naira on the foreign exchange market.
“On Monday round 3pm, operatives of the EFCC raided Wuse Zone 4 and arrested over 50 of our members. They complained that BDC operators are liable for the rising alternate price of the greenback within the parallel overseas alternate market,” he mentioned.
Whereas official FMDQ knowledge confirmed that the naira fell to N1,574.62 per greenback on Monday, Mistila confirmed that they exchanged one greenback for N1,660.
A viral video confirmed the second the EFCC operatives stormed the BDC and fired into the air to disperse the operators who tried to encompass them.
On the time of submitting this report, the EFCC spokesperson, Dele Oyewale, couldn’t be reached for touch upon phone.
