BREAKING: Tinubu Will get 48-Hour Ultimatum To Reverse CBN’s 0.5% Cybersecurity Levy, Particulars Emerge

BREAKING: Tinubu Will get 48-Hour Ultimatum To Reverse CBN’s 0.5% Cybersecurity Levy, Particulars Emerge
  • SERAP has reacted angrily because the CBN directed deposit banks within the nation to begin charging 0.5% cybersecurity levy on transactions
  • In a terse assertion on Tuesday, the non-governmental organisation issued a 48-hour discover to Bola Tinubu’s authorities urging him to withdraw the directive or face authorized motion
  • This discover by SERAP is hours after the CBN mentioned that the implementation of the levy would begin two weeks from the date of the round

TheTalk.NG journalist Esther Odili has over two years of expertise protecting political events and actions.

FCT, Abuja – On Tuesday, Might 7, the Socio-Financial Rights and Accountability Challenge (SERAP) issued a warning to the federal authorities led by President Bola Ahmed Tinubu.

The non-governmental organisation directed the federal authorities to reverse the 0.5 per cent cybersecurity levy imposed by the Central Financial institution of Nigeria.

SERAP additionally threatened to deal in authorized motion towards the federal government if it did not reverse the levy inside a 48-hour timeframe.

The non-governmental organisation acknowledged this Tuesday through its Twitter deal with, calling for the rapid reversal of what it thought to be levy ‘imposition’.

SERAP tweep @SERAPNigeria acknowledged, “The Tinubu administration should instantly withdraw the grossly illegal CBN directive to implement part 44 of the Cybercrime Act 2024, which imposes a 0.5% ‘cybersecurity levy’ on Nigerians.

“We’ll see in courtroom if the directive will not be withdrawn inside 48 hours.”

Supply: TheTalk.NG

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