Is this ideal?

[Su-asa]

EFCC arrests Abuja BDC operators as naira nears 1,600/$

The content of the news can easily be predicted from the news title.

I can remember vividly during Buhari time when Emefiele was still the CBN governor, this also occurred several times. I mean EFCC to be arresting Bureau De Change operators. They (the EFCC) went to the operators and arrested many. Why would EFCC do something like this? It can not be because of two reasons than the operators to be afraid of exchanging naira to dollar.

They are looking for solutions, they resorted to a temporary solution as usual. This will solve nothing

As usual Nigerian government are always busy chasing the shadows of the problem and avoiding the main problem itself. Have they gone to arrest bank managers that tell individuals that there is no dollar in the bank to issue and go behind to sell to BDC operators to maximize their gains?. what have they done and what policies have they enacted to make sure that we produce more than we import to save the currency from sinking in value?. They are very busy arresting BDC operators as though they are the causes of the Nigerian problems.

Have they arrested the president or even challenged him for acquiring government owned assets for his private interests?. have they even criticized his decision of floating dollar acquisition, thereby making it impossible for industries to access dollar at cheaper rates and leading to the very high costs of products we experience now?. They are only looking for relevance and as usual in the wrong places.
 Until this BAT led administration focuses on the main problem and not beating around the bush like the previous administration, we should expect more and more senseless dramas from them while the major issues are left unattended.  

Good, this makes no sense brother how can dey be doing things that are not the real problems, every higher ranked Nigerians are like the police men that only focus on whatever they like as long as it brings money to themselves, they don't care if what they are doing are right or wrong but they just have to do it because they know that they will benefit from it.
That's not good BDC operators are not the real problems of this country but they politicians are and they won't arrest or question the politicians for their evils doings because they won't won't to lose their jobs. The government are building the corruption in our country to a level that can't be controlled any longer. One thing is they don't focus on the side which can change the country they only focus on what will build the corruption more and more.

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[Tmoonz]

Bad and currupt governance, politicians with selfish interest self centered man inhumanity to man, it is no longer new in our political system where the government always failed to recognize the major problems of it's nation making things to be much difficult for the common man, they are always chasing shadows instead of the real image. one of the funniest thing is that the citizens are always growing a thicker skin and adapting to the system.  Is really bad the way everything has been going in this country.

[letteredhub]

EFCC arrests Abuja BDC operators as naira nears 1,600/$
They are looking for solutions, they resorted to a temporary solution as usual. This will solve nothing

The immediate past administration and this very one have always resorted to action that are laughable to the knowledge of economists when they hear about this moves because these are not the problems to the fall of the Naira value. It's all a goose chase that clamping down on BDC is one of many resourceful actions that the government could have taken to tackle the Naira to dollar issue. I am poise to ask sometimes who are their economic advisers and where do they acquired their degrees from because is stupid doing same thing and expecting a different results.

[Rruchi man]

EFCC arrests Abuja BDC operators as naira nears 1,600/$

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It would be good if you make new topics with this so that more people can see it.

Just about to, but discovered a thread has already been created for it.

https://bitcointalk.org/index.php?topic=5485884.0

[Obari]

EFCC arrests Abuja BDC operators as naira nears 1,600/$

They are looking for solutions, they resorted to a temporary solution as usual. This will solve nothing

Exactly, what they’re doing will definitely solve nothing but rather increasing the exchanges rate of these foreign currencies and driving fears into the hearts and minds of but buyers and sellers engaging in BDC business And just now wey I Dey read the news I also notice say the police authorities Dey also make some unauthorized arrest for port harcourt and I no really know who give police the right to go arrest those guys ?
But nevertheless I personally Dey against that very move and this our country Dey very funny as them Dey really Dey distracted from the important things and Dey try every means for distract our attentions and them already get luck say this generation already Dey distracted with the internet else them for don Dey get am hot hot.

[Davidvictorson]

No. This is not ideal. This is not what it suppose to be but it is what it is. This isn't even the first time that this agency is carrying out this disgraceful operation.

This is not the first time that they would carry out this operation. One year ago, the operatives of the Economic and Financial Crimes Commission stormed Wuse Zone 4, Abuja, home to most bureau de change operators in the Federal Capital Territory to dislodge currency speculators who are alleged to be massively mopping up available foreign currencies.

Did this change anything? No. But they have repeated the same thing. It is only a foolish person that expect a different result with the same strategy.

Next year, they will make the news headlines again for raiding and arresting bureau de change operators in Nigeria.

[Charles-Tim]

This is not the first time that they would carry out this operation. One year ago, the operatives of the Economic and Financial Crimes Commission stormed Wuse Zone 4, Abuja, home to most bureau de change operators in the Federal Capital Territory to dislodge currency speculators who are alleged to be massively mopping up available foreign currencies.

Yes. I know this is not the first time. The last time I heard about something like this was during Buhari time when Emefiele was the CBN governor. But some months ago, we have another incumbent president which is Tinubu. Tinubu appointed another CBN governor which is Cardoso. I thought things would change for better, but it is like how it was before but also getting worse day after day. Taking moves that can only help temporarily but not solving the problem.

[Majestic-milf]

 The question is, will the naira regain it's value after all these exchanges are effectively shut down? Or is our government so hell bound on chasing shadows?
If we begin to blame the EFCC, I go say nah waste of energy because them own nah to carry out orders wey the ogas at the top give them and even though them they call themselves ECONOMIC AND FINANCIAL CRIMES COMMISSION, which crime wey them fit prove say these bureau de change they commit? The truth is we can't fight corruption when the people fighting it are corrupt themselves. I mentioned this in the other thread that they are really looking for who to blame for their inability to revive the naira and honestly this is not the way to go.