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SERAP urges Tinubu to withdraw 0.5% cybersecurity charge

Uche Bende by Uche Bende
May 7, 2024
in Business, Crime, Development, National, News, Politics
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SERAP urges Tinubu to withdraw 0.5% cybersecurity charge
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Socio-Economic Rights and Accountability Project has issued a 48-hour deadline to the Federal Government to reconsider the implementation of Central Bank of Nigeria’s 0.5 per cent cybersecurity charge.

SERAP has also threatened the possibility of taking legal action against the government if the levy is not reversed within the next 48 hours.

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The rights and accountability organisation frowned at the implementation of such law, urging the government to withdraw it for the good of the people.

“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 per cent ‘cybersecurity levy’ on Nigerians.

“We’ll see in court if the directive is not withdrawn within 48 hours,” the statement partly read.

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