The Governor of the Central Bank of Nigeria, Godwin Emefiele has drawn the irk of a lot of Nigerians on social media over his stance that cryptocurrency has no place in Nigeria.
Recall that when the apex bank boss appeared before the Nigerian Senate on Tuesday, he stated that the ban on cryptocurrency trading was done in the best interests of Nigerians.
He noted that the issuance of cryptocurrencies by unregulated and unlicensed entities is contrary to the mandate of the CBN.
Reacting to the viral video of the hearing on Thursday morning, Nigerians on social media have slammed the apex bank boss.
See some of the comments below:
My heart is broken by the CBN Governor impression of cryptocurrency.
How do we move forward with such people making policies for us?
From USA, China, Russia, Singapore, there are hundreds of businesses built on the Blockchain technology.
— Tosin Olugbenga (@TosinOlugbenga) February 25, 2021
So Emefiele the CBN Governor thinks Cryptocurrency is created from thing air by people of the dark world?
Is this man dragging the GOAT position with Bubu in cluelessness?
— Terkuma Iorjaah (@TerkumaI) February 25, 2021
I got so inspired watching this.
If Meffy can be CBN governor, I’m going to apply for a job I don’t qualify for. What Nigeria cannot do does not exist. https://t.co/FwVsXOeduP
— Joey Akan (@JoeyAkan) February 25, 2021
When I saw CBN Governor trending, I knew nothing good could be happening.
He said cryptocurrency is made out of thin air but forgot we were made out of dust, almost thin air too.
This Naija na movie wey you go need settle down with Fearless Energy Drink to watch
— AdewalePresh (DJ Cuppy Future Husband) ❼ (@sarcasm_presh) February 25, 2021
I have never seen a better definition of disaster than the CBN Governor coming on National TV to say that cryptocurrency is created from thin air. Even my 7yr old Nephew knows the history of money and the evolution of the legal tender.
— Wale Adetona (@iSlimfit) February 25, 2021