David Adedeji Adeleke, a.k.a Davido has expressed concern over the rise in the dollar to naira exchange rate.
The Nigerian-American singer, on his Twitter handle said that dollar to naira exchange rate is heading to N1,000 to a $1 if the rise is promptly checked.
The “Stand Strong” singer insisted drastic action must be taken to forestall such ‘doomsday’ reality.
“Dollar heading to 1k. drastic action is needed,” Davido tweeted.
Recall that it was reported by NaijaNews on May 31, 2022, that the exchange rate for a dollar to naira at Lagos Parallel Market (Black Market), players buy a dollar for N580 and sell at N610 on Monday, 30th May, according to sources at Bureau De Change (BDC).