Cybersecurity levy: Let the Poor Breath – Seyi law tells Tinubu
Nigerian comedian Seyi Law expressed outrage over the recent introduction of a 0.5 percent cybersecurity levy by the Central Bank of Nigeria (CBN). The CBN directed banks to implement this levy on transactions. Seyi Law deemed the policy “unacceptable” and called on the CBN to reconsider it.
Addressing President Bola Tinubu, he appealed for relief for the masses, questioning the delay in announcing and implementing the new minimum wage. Additionally, Seyi Law criticized the performance of certain ministers, highlighting the perceived lack of progress one year into the administration.
On his X handle, Seyi Law wrote: “I hate when government agencies don’t speak up to the understanding of the citizens and allow wrong narratives to fester before tackling it. Cybersecurity levy, according to the act, is 0.005%, and different figures from 0.5% to 3% are being thrown around.
“A 0.5% charge in the Nigeria of today is in itself too much punishment on Nigerians. Are we trying to discourage banking transactions again and encourage cash keeping? @cenbank should revisit this abeg.
“Stamp duty is something, and now this. It is unacceptable. @NGRPresident @officialABAT, let the poor breathe. When will the new minimum wage be announced and implemented? Some of your ministers need to look for another job. One year is here and we are counting.”
