Abdulsalam BDC debunks claim of selling dollar at N1,000/$1, says it is N1,300/$

The social media has been buzzing with a false claim that a bureau de change operator, one Abdulsalam BDC, sells a dollar at N1,000.

 

The claim, shared by multiple social media handles, also claimed that the BDC operator buys every dollar at N900 which he then resold at N1,000 to end users.

 

The 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.”

 

But a report by Punch, quoting Abdulsalam BDC, said the report is false.

 

The report quoted Abdusallam BDC saying; “Dollar is selling at N1300/$1, not N1000 or N900.”