EFCC renews clampdown on Abuja BDC operators – Daily Trust

Operatives of the Economic and Financial Crimes Commission (EFCC), on Tuesday, continued their clampdown on Bureau De Change operators in Abuja as the naira dipped against the dollar.

The constant raids are coming on the back of the federal government and the Central Bank of Nigeria’s efforts to address the naira fall.

Daily Trust had reported how the activities of speculators in both forex market and digital marketing space a few weeks ago exerted serious pressure on the naira.

Last week, no fewer than 20 BDC operators were arrested and paraded by the anti-graft agency on the basis that they aided currency speculators damaging the naira.

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Speaking to our correspondent anonymously, a BDC operator, who operates at Wuse Zone 4, Abuja, confirmed that the anti-graft agency’s operatives on Tuesday took away some operators.

“They were here again. They’ve taken away some people,” the BDC operator told Daily Trust on the telephone.

When contacted, the spokesman of the EFCC, Dele Oyewale, said the raid is a “continuous exercise”.

“The exercise is a continuous one. So, if our officers are there, I don’t think they are in a wrong place,” Oyewale told Daily Trust.