Post
Topic
Board Bitcoin Discussion
Re: A private secondary school in Nigeria accepts cryptocurrency to pay tuition fees
by
worle1bm
on 29/06/2021, 10:51:28 UTC
According to local Nigerian media Kano Focus, the new Oxford University of Technology in Chiranchi, Kano, Nigeria, has adopted cryptocurrency to reduce tuition fees. Principal Sabi'u Musa Haruna stated that this decision was made after proper consultation with parents. In addition, the principal also urged the federal government to accept and formalize the cryptocurrency system as soon as possible.

Taking a bold step to accept cryptos if they are banned or deemed to be illegal in your jurisdiction.This school in Nigeria will accept payments in crypto from the parents as much they do not less than that.The additional step they can take is to educate the primary children about the invention of decentralisation and blockchain which will boost their technical spirit.Instead of allocating cryptos for personal benefits school should implement it as they will have issues converting the tution fees to fiat or prefer P2P method for that exchange.Still good to see adoption at small level also.