A private secondary school near Kano, Nigeria is reportedly making crypto-enabled payments viable for school fees, regardless of the nation’s central bank cracking down on crypto. 

Specifically, Sabi’u Musa Haruna – the director of the New Oxford Science Academy in the Kano suburb of Chiranchi has reportedly announced that tuition fees can be paid out using crypto-enabled methods. 

Haruna – who has been with the school for four years – reportedly called for an authoritative embrace and regulation of digital coins in the country. However, he is not wasting any time to take action, following this latest development. 

“We’ve decided to accept cryptocurrency as school fees because the world today is tilting towards the system. We believe one-day digital money will gain more acceptance than paper money.” Haruna reportedly remarked. 

Haruna reportedly mentioned a few nominal cases of El Salvador and Tanzania, widening the scope of payment measures to cover crypto users. 

The school director did not provide the exact type of tokens viable for payment. Nonetheless, the Nigerian general public has been focusing on Bitcoin (BTC) more than surrounding regions recently. Per Google Trends insights, Nigeria secured the top spot for BTC searches, with Austria, Turkey, and Switzerland battling for second.

In February, the Central Bank of Nigeria reportedly revealed via a circular its decision to prohibit regulated financial entities locally to roll out offerings to crypto exchanges.

Numerous lawmakers and individuals having connections to Nigeria’s central bank have reportedly been issuing pro-crypto messages in the months after the ban was in effect, with Emefiele claiming “digital currency will come to life even in Nigeria”, while the central bank later disclosed plans for rolling out a CBDC next year.