Order CBN to stop 0.5% charge on electronic banking transactions, SERAP urges Tinubu
Nigeria, May 7 -- A civil society organisation, SERAP, has urged President Bola Tinubu to use his "good offices to immediately direct the Central Bank of Nigeria (CBN) to withdraw the cybersecurity levy on Nigerians as it patently violates the provisions of the Nigerian Constitution 1999 [as amended] and the country's international human rights obligations and commitments."
In a statement on Tuesday, the anti-corruption advocacy group called for the review of the amended law that the CBN seeks to implement with the new directive.
PREMIUM TIMES reported that the CBN on Monday asked banks in Nigeria to start charging a 0.5 per cent cybersecurity levy on online transactions. The CBN said the directive was to implement the amended Cybercrim...
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