SERAP Gives FG 48-hr Ultimatum To Reverse Cbn’s 0.5% Cybersecurity Levy - Politics - Nairaland
Nairaland Forum / Nairaland / General / Politics / SERAP Gives FG 48-hr Ultimatum To Reverse Cbn’s 0.5% Cybersecurity Levy (166 Views)
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| SERAP Gives FG 48-hr Ultimatum To Reverse Cbn’s 0.5% Cybersecurity Levy by kenny160: 2:10pm On May 07 |
The Socio-Economic Rights and Accountability Project has issued a warning to the Federal Government to reverse the 0.5 per cent cybersecurity levy imposed by the Central Bank of Nigeria. SERAP also threatened to deal in legal action against the government if it failed to reverse the levy within a 48-hour timeframe. The non-governmental organisation stated this Tuesday via its Twitter handle, calling for the immediate reversal of what it regarded as levy ‘imposition’. SERAP tweep @SERAPNigeria stated, “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 “We’ll see in court if the directive is not withdrawn within 48 hours.” The Central Bank of Nigeria has ordered banks operating in the country to start charging a cybersecurity levy on transactions. A circular from the apex bank seen by Punch Online on Monday disclosed that the implementation of the levy would start two weeks from then. The circular was directed to all commercial, merchant, non-interest and payment service banks, among others. The circular revealed that it was a follow-up on an earlier letter dated June 25, 2018 (Ref: BPS/DIR/GEN/CIR/05/008) and October 5, 2018 (Ref: BSD/DIR/GEN/LAB/11/023), respectively, on compliance with the Cybercrimes (Prohibition, Prevention, Etc.) Act 2015. Source: https://punchng.com/serap-gives-fg-48-hrs-ultimatum-to-reverse-cbns-0-5-cybersecurity-levy/?amp |
| Re: SERAP Gives FG 48-hr Ultimatum To Reverse Cbn’s 0.5% Cybersecurity Levy by Urheadmaster(m): 2:12pm On May 07 |
Very good 👍 |
| Re: SERAP Gives FG 48-hr Ultimatum To Reverse Cbn’s 0.5% Cybersecurity Levy by KashApp: 2:12pm On May 07 |
Court cases between SERAP and FG must be over 1m and still nothing changes. This one now, FG will not even look that side. One mumu dey report me...He don quote this one again thinking that I wan beg again  Who go help you no go stress you true true - thanks Mr. ibechris and one Mr. Kolade Bello. Bless you both.1 Like 1 Share |
| Re: SERAP Gives FG 48-hr Ultimatum To Reverse Cbn’s 0.5% Cybersecurity Levy by MrBanner(m): 2:14pm On May 07 |
KashApp: |
| Re: SERAP Gives FG 48-hr Ultimatum To Reverse Cbn’s 0.5% Cybersecurity Levy by Righthussle: 2:26pm On May 07 |
#Giveusmore We want more Levy! We want more hikes (electricity, petrol, dstv subscriptions, )! We want more tax!
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| Re: SERAP Gives FG 48-hr Ultimatum To Reverse Cbn’s 0.5% Cybersecurity Levy by Georgry(m): 2:29pm On May 07 |
The Tinubu government is so dumb, you want 0.5 percent cut of all electronic payment made in Nigeria, on what basis? This nonsense must be fought hard, you no do anything for me but you wan dey collect from me. |
| Re: SERAP Gives FG 48-hr Ultimatum To Reverse Cbn’s 0.5% Cybersecurity Levy by freemanq(m): 3:13pm On May 07 |
Nice one |
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