Former Nigeria presidential aspirant Adamu Garba says investing in cows is a better and more economic impact than any cryptocurrency investment.
Garba said this in reactions to the directives by the Central bank of Nigeria to Deposit Money Banks (DMBs), Other Financial Institutions (OFIs), and Non-Bank Financial Institutions (NBFIs) to ban and close all cryptocurrency transaction in the country.
Kemi Filani News had earlier reported that different reactions had emerged from several Nigerians on the ban placed by the apex on cryptocurrency in the nation on Friday.
While some Nigerians, including celebrities and politicians, fault the FG on the move to ban cryptocurrency, others like Garba thinks it’s a good move in the right direction.
Taking to his Twitter handle, Adamu Garba argues that the decision is a measure by the FG to prevent the country from fraudsters who steal the hard-earned money of ordinary citizens.
”Better Investments! Those who might have lost their monies through a shortcut business called Crypto should learn to invest in real assets, like cows, which assured huge returns on investment.
”Cow Ranching business is more lucrative than all cryptocurrencies combined.
”Crypto traders are supposed to be regularized so that they can be tracked in the event of cheats.”
See the Tweet below;
CBN holds the position that the anonymity of individuals transacting cryptocurrency is making the funding of terrorism easy in the country.