Popular musician, Davido has taken to his Twitter page to raise alarm over the rise in the rate of naira and dollar.

According to him, the exchange rate needs urgent help.

Davido complained that one dollar might exchange for N1,000 soon.

This is as the current exchange rate is at $1/N610 (black market).

Whereas, the official dollar to naira exchange rate is N415.

“Dollar heading to 1k Drastic action is needed,” Davido wrote on 31 May 2022.

See his tweet:

Dollar heading to 1k Drastic action is needed

— Davido (@davido) May 31, 2022