“The way to Bypass the CBN 0.5% Cybersecurity Levy”: Woman Shares Trick for Nigerians

• A Nigerian woman has provide you with a trick which might assist folks keep away from paying the 0.5% cybersecurity levy
• In a brand new round, the Central Financial institution of Nigeria (CBN) directed industrial banks to cost a 0.5% cybersecurity levy on all transactions
• The woman’s recommendation on bypassing the brand new cybersecurity levy has despatched social media customers right into a frenzy

A Nigerian woman has shared how folks may keep away from paying the 0.5% cybersecurity levy lately launched by the Central Financial institution of Nigeria (CBN).

The CBN’s levy directive to industrial banks has sparked outrage throughout social media platforms as folks condemned it.

Nigerian woman supplied a strategy to bypass the 0.5% cybersecurity levy.
The picture of a woman on the best is for illustration function and is unrelated to the story.
Picture Credit score: The Good Brigade, BloombergSource: Getty Photos

In a Fb put up, Nenye Uzowulu acknowledged that utilizing the identical financial institution as one’s sellers or clients was one strategy to bypass the cybersecurity levy.

She hinted at opening all accounts to keep away from paying the brand new levy. Her Facebook post learn:

“The way to bypass the 0.5% safety levy is to make use of the identical financial institution along with your sellers and clients.

“Na to open all accounts.

“Please Listing all banks make i begin instantly.”

Blended reactions trailed Nenye’s bypassing recommendation.

Nigerians divided over the 0.5% cybersecurity levy

Ndidi Amaka Vera stated:

“Na to go purchase a much bigger piggybank.”

Christy Adubasim stated:

“Intra financial institution switch is the perfect to by reduce this ridiculous levy. Identical financial institution switch.”

Ngunan Atime stated:

“I don’t perceive oooo someone ought to clarify.”

Adaora Endurance Orafu stated:

“Nawa, na in order that they wan end my tiri 5 for Financial institution.”

Sharon Gracia stated:

“Somebody ought to break it right down to my understanding.

“The English I too no perceive am Abeg.”

Ishiagu Son stated:

“Opay, palmpay and many others nonetheless stays the perfect.

“Chiboo anuo ozo.”

Man explains the CBN’s 0.5% cybersecurity levy

In the meantime, TheTalk.NG beforehand reported {that a} man had damaged down the CBN’s new 0.5% cybersecurity levy directive to industrial banks.

Sharing his ideas on the brand new initiative, @OurFavOnlineDoc, a Nigerian medical skilled within the diaspora, stated it was “loopy at this level.”

Lamenting on X, @OurFavOnlineDoc described it as mass monetary stifling. He went on to interrupt down what it meant for Nigerians.

Supply: TheTalk.NG