In recent years niger has been know for cryptocurrency fraud. Most scammers in Nigeria used social media like Facebook, Instagram and WhatsApp to decieve people into investing crypto with the promise of getting higher returns with little risk, while they will steal your money. This have lead to the scrutiny of crypto government have warn against investment in cryptocurrency. Many Nigerians today see cryptocurrencies have a way for them to over come the high inflation. This is a very important notice before investing crypto in Nigeria.
Firstly you mentioned Facebook, Instagram and other social platform like whatsapp, but at first why will a normal person take an investment advice from a social platform, why we hear issues like scam people fail to listen, avoid social platform when it comes to an investment matter and bitcoin is an investment people know with high profit in return. This thing dey for fiat too just because they want fast and quick money.
Secondly you mentioned because of the scam rate in crypto(bitcoin) government has urge people to stop investing in bitcoin, the naija government wey I know? Them no dey see you sef them no dey reason person matter. Any decision our government make about bitcoin is for their own benefit not ours. They don't want to loose control and they don't want their currency to loss value because if government make bitcoin there legal tender I give this country just two month people go adopt bitcoin