Former Minister of Education, Oby Ezekwesili has slammed the action of the Central Bank of Nigeria (CBN) for banning cryptocurrency transactions.

Ezekwesili, in her twitter handle, said the order makes the country appear unprepared to embrace the future.

“Frankly, CBN, all you needed to do was map all the legitimate risks associated with #cryptocurrency and gather a subset of the super brilliant Nigerian young minds in #FinTech so you listen and learn more. Learning is the greatest asset of the policy-maker. Never late.

“Our country’s DNA for irony is uncanny. At the same moment, as we celebrate one of our own leading a global trade institution, we have a memo from our Central Bank making country appear unprepared to embrace the future,” she tweeted.

Recall that CEOAFRICA on Friday reported that the CBN had instructed all banking institutions in the country to shut down customers’ cryptocurrency accounts.