Money printing with higher economic output will not result to inflation. Nigeria has the highest GDP in Africa but if compared to our population, it is low. We can do better than that, but we are not because we depend more on imports. In this modern world, another example are the foreign exchanges we depend on, if there are exchanges in Nigeria, there would be increased employment and more taxes to the government.
Because of the primary reason (low production) that causes inflation, CBN tries other ways to prevent it, like this new cashless policy and credit card monthly international spending which he reduced like 2 years ago from over $3000 monthly or so, to $100 monthly.
Nigeria leaders needs to know that the problem starts from low production that leads to unemployment and reduce economic output.
About money printing. If we focus on spending using online transactions, that means the money printing is online, there is no much differences. But online transactions is not anonymous, which will reduce manipulations from citizens, which can lead to lesser naira devaluation and lesser terrorism.
That is true, this cashless policy will lead to the adoption of bitcoin, bet when the cashless flow in all corners bitcoin transaction come dey increase well nd at dat time pipo gede use bitcoin more. But the main problem in Nigeria is not the cashless transaction but as you said production. But production is not also di main problem as of now. But di way and things I take as di main problem na di economy agencies like efcc, icpc, cpc etc are very much weak that di prices of good nd service are not regulated so sellers freely increase price of things on their will... If goods price e dey very low and u get #500 and a cup of rice is #20, then living would be very easy. And u will know what to do with ur little money but because of say things dey cost even u carry #100,000 go market nothing come out, u can only buy very little things.
Even bitcoin adopted in Nigeria things go still dey hard. Weti we need now in Nigeria is di drastically reduction of goods and services