Ace Musician, Adeleke David popularly known as Davido, has lamented economic implications of rising dollar against naira. He claimed that something needs to be done urgently to reverse the upward movement of the flunctuation in the forex market.
In a tweet on Tuesday, he said, “Dollar heading to 1k. Drastic action is needed.”
Banks had on Monday lamented scarcity of forex and warned their customers of some delays in accessing it.
Many Nigerians had also taken to Twitter to lament the hardship brought to them by the instability in forex market.