Advertisement
Advertisement
A Kano-based school, New Oxford Science Academy, Chiranchi, has adopted cryptocurrency as means of payment of school fees.
Advertisement
The school’s principal, Sabi’u Musa Haruna, who confirmed the development to our correspondent said the decision was taken after extensive consultations with parents. He added that it would ease the payment of school fees.
Advertisement
“We have decided to accept cryptocurrency, as school fees, because the world is tilting towards the system.
“We believe that very soon digital money will be a lot more acceptable than paper money.
Advertisement
According to Haruna, countries, like El-Salvador and Tanzania are already accepting cryptocurrency from parents as means of payment in their schools.
He urged the Federal Government to “embrace the system and legalise it.”
Advertisement
Source: www.punchng.com
Disclaimer
Contents provided and/or opinions expressed here do not reflect the opinions of The Pacesetter Frontier Magazine or any employee thereof.
Support The Pacesetter Frontier Magazine
It takes a lot to get credible, true and reliable stories.
As a privately owned media outfit, we believe in setting the pace and leaving strides in time.
If you like what we do, you can donate a token to us here. Your support will ensure that the right news is put out there at all times, reaching an unlimited number of persons at no cost to them.
Fubara-Wike Feud: Finance Commissioner loyal to Wike resigns over redeployment
Advertisement Issac Kamalum, a loyalist of Nyesom Wike, Minister of Federal Capital Territory, who is a member of Governor Similanayi…
NYPF commends Enugu gov’t on Foreign Direct Investments, charges them to be more tax friendly to MSMEs
Advertisement The Nigerian Young Professionals Forum, Enugu State, has urged the Enugu State Government to be more tax friendly to…