Africa Health Report findings Wednesday, can show that contrary to a social media report making the rounds that dollar is now selling at N1,000 in Abuja, there is no such sharp decline of the value of dollar.
The X post read, “This morning, at Zone 4 Abuja, along the Sheraton Hotel, the dollar is selling at N1,000 – $1. Abdulsalam BDC is selling N900 if buying over $5,000.
“There’s a mad rush to dispose of dollars at Zone 4. The dollar in the parallel market is presently selling at a lower price than the official market.”
Reacting to this report on X (formerly Twitter), Bureau De Change operators said there was no truth in reports that the dollar is now selling at N1,000 at parallel market.
However, our correspondent reached out to “Abdusallam BDC” (Abubakar Abdusallam) on Wednesday in Abuja, and he denied selling FX at the quoted price.
“Dollar is selling at N1300/$1, not N1000 or N900,” he reportedly said.
An X user, whose real name could not be ascertained, also debunked the rumour, stating that he was at the location (Sheraton Hotel Zone 4) and there was no such transaction.
“I was at Zone 4 this morning, and there was nothing like that. This is fake news,” he said.
The President of the Bureau De Change Association of Nigeria, Aminu Gwadabe, could not be reached for statement as of the time of filing this report.
