Tinubu Urges Judiciary To Master Blockchain As Nigeria Softens Cryptocurrency Policy

President Bola Ahmed Tinubu has urged Nigeria’s judiciary to deepen its understanding of blockchain technology and cryptocurrency, marking a strategic shift in national policy toward digital assets.

Speaking at the Economic and Financial Crimes Commission–National Judicial Institute Workshop for Justices and Judges in Abuja, Tinubu emphasized that modern financial crimes now demand digital competence. He said the judiciary must quickly adapt to the realities of technology-driven financial systems.

Tinubu, represented by Vice President Kashim Shettima, stated that the justice system must evolve to handle complex blockchain and cryptocurrency-related offenses. He asked, “How does one do justice in a cryptocurrency fraud case except one is grounded in such matters?”

He stressed that continuous learning is now essential for judicial officers to remain relevant in a fast-changing digital era.

Tinubu’s remarks signal a notable change in tone from Nigeria’s former hardline stance on crypto. Under ex-CBN Governor Godwin Emefiele, banks were banned from facilitating cryptocurrency transactions. The 2021 directive effectively froze digital asset operations in the formal financial sector.

However, despite restrictions, Nigeria became one of the world’s most active peer-to-peer cryptocurrency markets, reflecting strong grassroots adoption. Analysts believe Tinubu’s appeal to the judiciary recognizes this shift and aligns with broader efforts to integrate digital finance into the economy.

Tinubu also reminded judges of their moral responsibility. He said the judiciary remains the foundation of national integrity and must remain independent. He cited ongoing reforms to improve judicial welfare and autonomy.

According to Tinubu, technology-driven justice is vital for restoring public trust in the rule of law. He said delayed rulings in high-profile corruption cases continue to frustrate citizens.

The President further warned that corruption undermines the nation’s moral structure. “There are no special roads, hospitals, or communities for judges,” he said. “A Nigeria free of corruption is possible if we all commit to integrity.”

Tinubu’s comments come as the National Assembly and financial regulators review frameworks for cryptocurrency oversight. The Central Bank and Securities and Exchange Commission are currently designing policies to balance innovation with consumer protection.

Observers say the President’s stance represents Nigeria’s transition from prohibition to engagement — and now toward blockchain literacy and judicial readiness.