Operatives of the Economic and Financial Crimes Commission (EFCC) on Monday, Feb., 19th, raided some Bureau de Change (BDC) operators at the Wuse Zone 4 area of Abuja, today Monday 19th. They were said to have arrested about 50 illegal operators.
According to one operator, “Around 3 pm on Monday, officers of EFCC raided Wuse Zone 4 and arrested over 50 of our members. They were complaining that BDC operators are responsible for the rising exchange rate of the Dollar, the parallel exchange market”.
Against the backdrop of the falling value of the naira, the EFCC had raised a Special Task Force across its commands, to clamp down on individuals mutilating the Naira and dollarising the Nigerian economy.