Isn't cryptocurrency banned in Nigeria? I believe last month only the Central Bank of Nigeria came up with such directive that prohibits financial institutions from dealing in cryptos. If that is the case, then I must say that the Principal has taken a very bold decision going against the tide. Now it's interesting to see how the Government of Nigeria reacts to such steps.
Yes, it is very interesting.
This is a private school and he also wants to urge the government to embrace and also regulate cryptocurrency in the country.
https://nairametrics.com/2021/06/26/nigerian-secondary-school-to-accept-cryptocurrency-payments/But, I wonder how can they decided it when the government is against cryptocurrency. WIll it be a matter or will they likely warn the school to obey the regulation?
But, that is a private school, maybe in the country, there are different regulations for the private schools, freer maybe.