The presidential candidate of the Labour Party in the 2023 General Election, Peter Obi, has cautioned President Bola Tinubu and government agencies against the clamp down on operations of Bureau De Change (BDCs) operators in the country.
He described this as ill-advised and wrongly directed which was capable of worsening the foreign exchange crisis in the country.
Last week, operatives of the Economic and Financial Crimes Commission, EFCC, raided the offices of some Bureau De Change operators in Wuse Zone 4, Abuja, Lagos, Kano and Oyo States and arrested some operators after the naira crashed to about N1900 per dollar at the parallel market.
