“Kcee’s earrings priced 1.2 million naira”

"Kcee's earrings priced 1.2 million naira"
TheNet is reporting that Limpopo crooner Kcee’s earrings which he wore at a performance in Umuahia, Abia State currently has a market price of 1.2 million naira.
"Kcee's earrings priced 1.2 million naira"

The report goes thus:

Kcee flashed his diamond earrings at Legend Real Deal Experience in Umuahia where he performed last weekend.
The piece is said to be worth N1.2 million going by the current foreign exchange rate.
Who does that in this Buhari-economy’?