Nigerian comedian Seyi Law expresses frustration over the Central Bank of Nigeria's introduction of a 0.
5% cybersecurity levy on transactions. In a recent directive, the apex bank instructed banks to implement this levy. Seyi Law deems the policy "unacceptable" and calls for its reconsideration by the CBN.
Addressing President Bola Tinubu, Seyi Law urges the government to prioritize the welfare of the masses. He questions the delay in announcing and implementing the new minimum wage while highlighting concerns about the performance of some ministers. Seyi Law emphasizes the need for tangible progress one year into the administration.
On his X handle, Seyi Law wrote: “I hate when government agencies don’t speak up to the understanding of the citizens and allow wrong narratives to fester before tackling it. Cybersecurity level, according to the act, is 0.005%, and different figures from 0.5% to 3% are being thrown around.
“A 0.5% charge in the Nigeria of today is in itself too much punishment on Nigerians. Are we trying to discourage banking transactions again and encourage cash keeping? @cenbank should revisit this abeg.
“Stamp duty is something, and now this. It is unacceptable. @NGRPresident @officialABAT, let the poor breathe. When will the new minimum wage be announced and implemented? Some of your ministers need to look for another job. One year is here and we are counting.”
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