Former presidential aspirant, Adamu Garba has said that it is more profitable to invest in cattle farming than in cryptocurrency.
Mr. Garba was reacting to the announcement made by the Federal Government on Friday, directing Deposit Money Banks (DMBs), other Financial Institutions (OFIs) and Non-Bank Financial Institutions (NBFIs) not to transact, invest in or facilitate cryptocurrencies.
He believes the measures taken by the Federal Government are aimed at check mating activities of fraudsters.
Garba, 68, said, “Better Investments! Those who might have lost their monies through a shortcut business called Crypto should learn to invest on real assets, like cows, which assured of huge returns on investment.”
“Cow Ranching business is more lucrative than all cryptocurrencies combined. Crypto traders are supposed to be regularized so that they can be tracked in the event of cheats.”