Renowned public affairs analyst and a former presidential aspirant, Adamu Garb, , has said that investing in cows is better than cryptocurrency business.
He was reacting to the instruction of Central Bank of Nigeria, CBN to Deposit Money Banks (DMBs), other Financial Institutions (OFIs) and Non-Bank Financial Institutions (NBFIs) not to have any transactions in crypto.
Mixed reactions have begun to trail the directive which was released by the Central Bank of Nigeria, CBN, on Friday.
Reacting via his Twitter handle, Adamu said the CBN took the measure to protect Nigerians from fraudsters who dupe some gullible Nigerians
”Better Investments! Those who might have lost their monies through a shortcut business called Crypto should learn to invest on real assets, like cows, which assured of 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.”