Twitter user falsely claims dollar sold at N1000

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Twitter user falsely claims dollar sold at N1000
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As of 27 March, the post had gained more than 271,500 views, 715 reactions, 178 comments, 377 retweets and 46 bookmarks.

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It has also gone viral on Facebook as seenWe conducted an on-site investigation to verify the claim. At the Bureau De Change Hub situated in Wuse Zone 4, Abuja, multiple ‘traders’ affirmed that there is no BDC establishment named “Abdulsalam BDC” in that vicinity. However, several traders go by the name “Abdulsalam.”

“If you’re on social media, it’s trending already that a dollar is selling for one thousand naira. I saw the story. It is not true. It is propaganda. If the government’s official rate is , how much more the BDC? They just want people like you to sell so that the dollar would come down,” he explained.Mr Danyaro expressed satisfaction with the recent decline in the value of the dollar over the past two weeks. He elaborated that in December, the dollar was sold at approximately one thousand naira.

“You no fit see am for any place for N1,000 walahi. Me I go sell am for N1,340 gaskia,” he persuaded our researcher. Maintaining a similar position, Mai Abdulrasheed, head at Majia BDC, debunked the claim of selling at N1,000. Nevertheless, he acknowledged the reduction in the dollar rate over the past few days.

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