Nigerian comedian Seyi Law criticizes the new cybersecurity levy mandated by the Central Bank of Nigeria (CBN), calling it punishment for Nigerians. The policy imposes a 0.5% levy on electronic transactions, sparking concerns about its impact on banking activities. Seyi Law questions the timing and necessity of the levy, urging reconsideration from authorities
Nigerian comedian Seyi Law has aimed President Bola Tinubu over the recent directive by the Central Bank of Nigeria (CBN) to implement a 0.5% cybersecurity levy on electronic transactions.
In a scathing post on social media, Seyi Law described the levy as excessive punishment for Nigerians, expressing concerns that it might discourage banking transactions and encourage cashkeeping.
He further questioned the timing of the levy's implementation, urging the government to prioritize issues like the announcement and implementation of the new minimum wage. Additionally, Seyi Law criticized the performance of certain ministers in Tinubu's cabinet, calling for accountability and improvement.
