BREAKING! House of Reps Orders CBN to Suspend The 0.5% Cybersecurity Levy

Date: 09-05-2024 5:56 pm (1 week ago) | Author: kacy lee
- at 9-05-2024 05:56 PM (1 week ago)
(f)

There's been some contention surrounding the Central Bank of Nigeria's directive regarding the  0.5% cybersecurity levy on electronic transactions within the country.

The House of Representatives has taken action to address concerns raised by Kingsley Chinda, who represents the Obio/Akpor Constituency, by calling for the withdrawal of the circular. It appears there were discrepancies between the CBN directive and the specifications outlined in the Cybersecurity Act, leading to confusion and multiple interpretations.

By urging the CBN to withdraw the circular and issue a clearer directive, the House aims to ensure alignment between the regulatory measures and existing legislation.

This move reflects a commitment to fostering clarity and consistency in cybersecurity regulations governing electronic transactions within Nigeria.

Posted: at 9-05-2024 05:56 PM (1 week ago) | Addicted Hero
- fineboy77 at 9-05-2024 07:27 PM (1 week ago)
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ok
Posted: at 9-05-2024 07:27 PM (1 week ago) | Addicted Hero
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- gogoman at 9-05-2024 07:40 PM (1 week ago)
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no!!!  Roll Eyes Roll Eyes Roll Eyes
Posted: at 9-05-2024 07:40 PM (1 week ago) | Grande Master
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- kp45 at 9-05-2024 08:41 PM (1 week ago)
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Any minister can just wake up early in the morning without brushing teeth and voice one stupid law with following process. Their own is to impose
Posted: at 9-05-2024 08:41 PM (1 week ago) | Addicted Hero
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