Dollar heading to N1,000, Davido forecasts as he says drastic action must be taken

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Superstar musician, Davido has decried the rise in the dollar to naira exchange rate,Njenje Media News reports.

The Afrobeats star tweeted that dollar to naira exchange rate is heading to N1,000 to a $1 if the rise persists.

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.

As at May 31, 2022, 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).