The Prime Minister, Biafra Republic Government in Exile, Mazi Simon Ekpa, has announced that Biafrans have voted to establish Biafra digital currency, known as Biafracoin, amidst the crisis pervading the Naira.
Simon Ekpa, the Finnish-based lawyer, had made this disclosure on Wednesday in a statement through his official X handle.
The adoption of Biafracoin is coming after the recent establishment of the Biafra Digital Currency Act 04/2024, which permits the government to provide digital currency to Biafrans through Biafra Coin.
According to him, the value of 1 Biafracoin is equivalent to 1 U.S. Dollar.
He urged Biafrans to invest in Biafracoin amid the ongoing volatility of the Naira against other currencies in the foreign exchange market.
Ekpa had also added that the Biafracoin will be on the global stock exchange market and acceptable in all cryptocurrency transactions.
The statement read:
“The Biafra Republic government in Exile has adopted the establishment of Biafra Digital Currency Act 04/2024, which permits the government to provide digital currency to Biafrans in Biafracoin. The value is 1 US dollar, equal to 1biafracoin.“As the Nigerian Naira has been crashing, we encourage Biafrans to start investing in the Biafracoin as soon as it is made public. The Biafra coin will be on the stock exchange and will be acceptable globally for all cryptocurrency transactions”, he said.
Recall that on February 1, BRGIE unveiled a voting portal with more than three million Biafrans who have voted for the Biafra Referendum.
