EFCC Storms Bureau De Change Offices In Abuja

Operatives of the Economic and Financial Crimes Commission (EFCC) on Friday invaded Wuse Zone 4, Abuja, hub to a lot of bureau de change operators in the Federal Capital Territory.

A source revealed that the raid was an operation to dislodge currency speculators who are alleged to be massively mopping up available foreign currencies.

The raid is a product of weeks of surveillance in which agents of the EFCC have been monitoring the activities of most of the Bureau de change operators in the Wuse 4 axis.

The anti- graft agency is said to be working on intelligence that some forces with massive naira inflow have mobilized resources and are busy buying up available foreign currencies especially the United States dollar, to either hoard or smuggle out of Nigeria.

Recently, there has been a run on the value of the Naira with the currency exchanging for over N700 to a dollar.