SERAP has given a 48-hour deadline to the Federal Government to withdraw the 0.5 per cent cybersecurity levy imposed on Nigerian people.
The Socio-Economic Rights and Accountability Project has given a 48-hour deadline to the Federal Government to withdraw the 0.5 per cent cybersecurity levy imposed on Nigerian people.
SERAP made this known, Tuesday, in a statement on its official X handle, to react to the Central bank of Nigeria directives to commercial banks and other financial institutions to start charging cybersecurity levy.While making clarifications, the CBN said the levy would be separately “reflected in the customer’s account” as “Cybersecurity Levy” and “applied at the point of electronic transfer origination, then deducted and remitted by the financial institution.
Reacting to the new development, SERAP threatened to sue the FG if the “grossly unlawful” directive by the CBN is not reversed. The statement read, “The Tinubu administration must immediately withdraw the grossly unlawful CBN directive to implement section 44 of the Cybercrime Act 2024, which imposes a 0.5% ‘cybersecurity levy’ on Nigerians. We’ll see in court if the directive is not withdrawn within 48 hours.’’Benue Investment company to build N800million brewery in Makurdi
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kwara State Government Receives Grains from Federal GovernmentThe Kwara State Government has received a shipment of 12,058 bags of maize, millet, and sorghum from the Federal Government. The grains will be distributed to the people of the state to help them cope with the removal of fuel subsidy.
Read more »
Lagos-Calabar Coastal project: SERAP threatens Nigerian govt, makes demand from UmahiThe Socio-Economic Rights and Accountability Project, SERAP, has threatened legal action against the Minister of Works, Dave Umahi, over the Lagos-Calabar Coastal Highway project. SERAP charged Umahi to disclose if the federal government carried out an environmental and social impact assessment on the Lagos-Calabar Coastal Highway project.
Read more »
Stop using repressive laws to intimidate journalists – SERAP, NGE tell Nigerian GovtThe Socio-Economic Rights and Accountability Project, SERAP, and Nigeria Guild of Editors, NGE, have called on Nigerian authorities at all levels of government to stop using repressive and anti-media laws to target, intimidate and harass journalists, critics and media houses.
Read more »
SERAP gives Nigerian govt 48 hours to reverse cybersecurity levyThe Socio-Economic Rights and Accountability Project has given the Federal Government 48 hours to withdraw the 0.5% ‘cybersecurity levy’ imposed on Nigerians. This is contained in a statement on its official X handle on Tuesday.
Read more »
Federal Government Declares Public Holidays for Eid-el-Fitr CelebrationThe federal government has declared Tuesday and Wednesday as public holidays to mark this year’s Eid-el-Fitr celebration. The minister of interior congratulated all Muslims in the country for the successful completion of the fasting in the holy month of Ramadan.
Read more »
Federal Government Donates $2 Million Worth of Equipment to Refrigeration and Air Conditioning Training CentresThe Federal Government has handed over more than $2 million worth of equipment to refrigeration and air conditioning training centres in the country. The initiative is in line with the Hydrochlorofluorocarbons (HCFCs) Phase Out Management Plan (HPMP Stage II) project.
Read more »