They can if they decide to close their door to crypto forever since they can implement a total ban without turning back on it, but hopefully they will realize that there's a huge piece on or money they messing up for this banning. But I do hope that this is temporary only since the participation of Nigeria is important in crypto knowing that they are one of the best country to adopt the changes and make it as a legal tender since this could contribute to make their economy grow.

I dont know about Nigeria specially but worldwide every coutry that is restricted have general problems with their goverment.

Nigeria has long since been labelled by the West as the Scam capital of the world and now the Nigerian government are scamming their own citizens? They do everything in their power to Stop Bitcoin, but their own shitcoin is being supported.  

This is going to become the trend in the East too... with China and their Govcoin and some of the other Asian countries. When you have a totalitarian government... they misuse their power to retain their power. We saw what New York did with the introduction of the Bit License in the past. (barrier to entry to stall Bitcoin adoption)  

The progress of the nation is seen from its government. If the state bans cryptocurrencies because of unnatural welds, it is equally afraid if its citizens become smart and advanced. If you can share opinions, in one of the asian countries, Indonesia on the indodax platform has just added two new crypto assets, although the news mentions their country has not actually legalized crypto as a financial transaction tool.

Nigeria was actually going very fast in this field and their whole youth was actually going crazy. The govt should had supported their people instead of blocking their way. Sad to hear about such a move, though it won't stop people from using it but it surely will bring the govt and the people face to face.

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I can see now that utilizing Binance P2P has been giving me issues. Why are they acting in this manner when they may even be pleased that cryptocurrencies are lowering their unemployment rate? They should be aware that despite cryptocurrencies being legal in Nigeria, not everyone would use it. So they now oppose our happiness.

Nigeria showing One of the reasons that   for banning the cryptocurrency is that its country's rampant corruption will increase its money laundering and illegal transactions through Bitcoin and that's why the bann cryto . I think banning is not the only solution They could have kept it in a stable state and should have looked at acquiring more capabilities to control it.  I think this work is not only for Nigeria but all like minded countries should take action on this matter #Banning crypto is not the solution.

What the government is doing in Nigeria is not good news for Crypto enthusiasts there. The crypto lovers out there should now be thinking of an alternative way so that if the cryptocurrency does go down, they won't have problems in the end.

I just hope that eventually, the Nigerian government will realize that crypto will help them a lot in the future, I hope they don't see negative things in it.