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Nigerlan Senate summon CBN and SEC.

  • Thread starter Thread starter ahmedo24
  • Start date Start date
ahmedo24 said:
There was a serious disagreement in the red chamber of the Nigerian Senate earlier today over the CBN ban Crypto Currencies, majority of the senators are opposed to the Ban ,they are of the opinion that Crypto currencies should rather be regulated instead of outright ban . Their resolution is to invite the DG of Nigerla SEC and the governor of CBN to engage them further. This is according to the news outlet Nairaland.
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Bunch of same feathers, the reason for the oppose was because they can continue there money laundering and stealing. Even though the ban doesn't stop them.
 
This is what happens when incompetency is the order of the day, what reason did they give to make them ban it in the first place, there is nothing they are creating to make conditions better instead they still stifling growth
 
All of the politicians knows what they're doing in Nigeria, they're simply using us to play politics. Since then, what has happened around the ban? Nothing.
 
Personally, I don't think anyone would believe the CBN is working to lift the ban on cryptocurrencies until the day it is lifted, so take off your mind .
 
Shigobad2020 said:
Tne federal government summoning CBN and SEC and later putting a ban on crypto currency trading in nigeria will soon vanish into thin air, I believe they will later accept it and regulate it and lift the ban.
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They are just confused, hence they make decisions that does not even make sense in anyway, they keep going back and fort. Today they would ban, tomorrow they would remove the ban. They make it hard for people to actually take them serious
 
The Nigerian senate is like a dog that cannot bark. The only thing they know how to do is summon at all time in which nothing will come out of it. By now something reasonable supposed to have been done to lift the ban.
 
Setfragil said:
The Nigerian senate is like a dog that cannot bark. The only thing they know how to do is summon at all time in which nothing will come out of it. By now something reasonable supposed to have been done to lift the ban.
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Who knows if they have been using it to hide their stolen money thus demanding for the lift. Nevertheless , everyone wants to see the lift actualized
 
Nothing is still yet to be done about the crypto ban and I fear that the Nigerian government will do anything about it at all because since the ban was placed, the Nigeria government have not said anything to show us any improvement or positive sign of them trying to lift the ban
 
That was a very very good move they have made regarding the ban of cryptocurrencies in Nigeria, it should have been regulated instead of being banned completely
 
Josemendez said:
Who knows if they have been using it to hide their stolen money thus demanding for the lift. Nevertheless , everyone wants to see the lift actualized
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Most of these big politicians invested hugely in cryptocurrency, they are not really comfortable with the ban by The Central Bank of Nigeria but they cannot publicly complain about it.
 
Setfragil said:
Most of these big politicians invested hugely in cryptocurrency, they are not really comfortable with the ban by The Central Bank of Nigeria but they cannot publicly complain about it.
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I believe that they now keep quiet because they have discovered peer to peer trading as well , so they are using it for their trading . That's why everyone is quiet
 
This kind of news we've been hearing around the ongoing CBN ban around Cryptocurrency. They aren't considering it any time soon with the way things are judged.
 
Well as the banning of crypto in Nigeria was as a shock to us but needless to say we have made some other alternatives.
 
This country lacks visionary leaders. All they care for is how to make themselves overwhelmingly rich. I see nothing wrong in cryptocurrency but because they couldn't control it. They find it as a threat
 
At the end of the day they will not have anything reasonable to say and you will still see that cryptocurrency will still not be allowed, seriously anything that has to do with the Nigerian government is always analogue.
 
The effect of the cryptocurrencies Bannon Nigeria really touched a lot of nerves this time. Even the senators can't sit this one out because I suppose that most of them are also heavily invested in the business
 
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