The apex bank indicated that the levy would come into effect two weeks from May 6.
Labour unions and the Federal Government have been in negotiations over measures to cushion the impacts of the harsh economy.The Nigeria Labour Congress , has described the planned cybersecurity levy introduced by the Central Bank of Nigeria on all electronic transactions, as another burden on Nigerians.
Rejecting the policy, the NLC President, Joe Ajaero, said such deductions directly affect the disposable income of workers, and further diminish the purchasing power of the common citizens.He said the directive is another gang up by the ruling elite, to continue its extortion and exploitation of helpless workers and the masses.
“However, imposing such a levy on electronic transactions without due consideration for its implications on workers and vulnerable segments of society is unjustifiable.“We see this levy as another gang-up by the ruling elite to continue its extortion and exploitation of hapless and helpless workers and the masses.”
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