With all the constraints on crypto from the Nigerian government, it's hindering progress, weove one step forward and 2 steps backwards. They're making it uncomfortable for companies to operate in Nigeria. If they stay, they'll likely increase prices for us, adding extra costs, probably due to taxes.

If crypto adoption in Nigeria hadn't faced these challenges, it would have been more in use. Some companies accepted crypto payments initially, but had to revert to cash. Like you can see  even schools tried using crypto payments.

It seems that if something doesn't directly benefit the government, they'll look for ways to shut it down. Since they can't collect taxes directly from crypto and bitcoin users, they target crypto exchanges and companies. Increasing taxes for them means higher exchange fees for us. The Nigerian government is just something else.