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Let the poor breathe – Seyi Law tackles Tinubu over cybersecurity levy

Seyi Law reacts to government’s 0.5% cybersecurity levy

Ifeoluwa by Ifeoluwa
May 7, 2024
in Celebrities
Reading Time: 2 mins read
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Let the poor breathe – Seyi Law tackles Tinubu over cybersecurity levy
  • Seyi Law has reacted to the government’s recent 0.5 cybersecurity levy that is to be placed on all transactions.
  • The comedian stated that it is unacceptable and the government should review their policies as it is too exorbitant.
  • Seyi Law added that the levy according to the act is 0.005%, and questioned when the minimum wage will be implemented.

Nigerian comedian, Oluwaseyitan Aletile, also known as Seyi Law, has fumed over the 0.5 per cent cybersecurity levy recently introduced by the Central Bank of Nigeria, CBN.

The apex bank on Monday directed banks operating in the country to start charging a cybersecurity levy on transactions.

Reacting, Seyi Law said the new CBN policy was “unacceptable”.

He urged the apex bank to revisit the policy.

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Tagging President Bola Tinubu, the comedian asked the President to allow the masses “breathe,” querying when the new minimum wage would be announced and implemented.

He said some ministers are not doing their jobs well, stressing that one year into the administration and there is nothing much on ground.

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.”

See screenshot below:

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