FG Orders Banks to Close Down Accounts That Trade Cryptocurrency.

The federal government has sent out a circular that has got everyone talking and wondering who thinks and makes these ridiculous policies for them.

They have ordered that banks close down accounts of every one who does cryptocurrencies exchange.
This is following the enhancement of the #EndSARS protesters by Jack Dorsey with bitcoins, and they weren’t able to tamper with this particular source.

All deposit money banks, non-financial institutions and financial institutions have been asked to carry out this order with immediate effect.

Nigerians lament about the government that has never moved the country forward since they came into power, and about how backward it has always gone.
They worry about what the government actually has in store for them, as it has crippled startups right from time. They give example of Gokada and Opay which were kicked out of the streets of Lagos, meanwhile local bike riders go about their business in the busy city.
They think the government is clueless at this point and want to make the population poorer than it already is in order to be able to control their minds whenever they please.

Experts think that Nigeria would not be able to recover from the effects of the rash decisions made by the government in fifty years to come, as SMEs are not protected and there would be a lot more numbers of unemployed youths roaming the streets due to these policies.

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