Post
Topic
Board Nigeria (Naija)
Topic OP
Why The Ban On Cryptocurrency in Nigeria by CBN?
by
Perosky1984
on 29/01/2024, 09:48:21 UTC
Why the ban on cryptocurrency by CBN of Nigeria when there are no adequate plans of means of livelihood for the youths?

It is obvious the government has hit their hand on their chest that Nigeria youths should suffer, while the political class keep st.ealing our money with impunity.

Oby Ezekwesili, former minister of education, also said the ban makes Nigeria appear unprepared for the digital future.
So as a nation if we are not prepared for a digital future how can we compete favourably with other growing economy in the worl.
Everyday our currency is dwindling down until maybe it will go into extinction.
Since we are not ready for a digital future as other countries are doing, maybe we should go back to Trade By Barter erra. Becsuse as it stance now, our currency is as weak like a long distance relationship without communications again.
The government needs to come with deliberate policies that digitalize our economy, in order to enable more youths to be involved in online trading. By so doing a lot of idle minds will go into work and that may gradually diminish crime rate.