Cybersecurity Levy : Bwala Begs Nigerians To Adjust With Tinubu’s Policy

• Bwala argued that President Tinubu is not insensitive to the plights of Nigerians
• The Central Bank earlier directed all banks to charge a 0.5 per cent cybersecurity levy on all electronic transactions within the country starting two weeks from May 6.

Daniel Bwala, a former spokesperson for the Atiku Abubakar campaign in the 2023 elections, on Wednesday said that Nigerians need to adjust to the current economic realities in the country.

Bwala said this while answering questions on ‘Morning Brief’, a Channels Television programme.

He disagreed with the claim that President Bola Tinubu’s administration is insensitive to the plight of Nigerians.

The former spokesperson remark followed the implementation of cybersecurity levy on transactions by the federal government on May 6.

On May 6, the Central Bank of Nigeria (CBN) directed banks and other financial institutions to implement a 0.5 percent cybersecurity levy on electronic transfers.

Bwala urged Nigerians to adjust to the policies of President’s administration, stating that ‘hardships won’t last forever.’

“It depends on who is assessing; what is the motive behind the assessment. Just like we would have water in the bottle, someone says it is half full another says it half empty. But what we should be generally looking at are the numbers. Also looking at the context and perspective from which we look at things.” Bwala said.

“Nobody, I think, is in doubt about the fact that when the President took that hard decision, which is a necessary decision, it is not a convenient decision, that there must be a temporary hardship; there must be a period like period of childbirth; there must be a period of inconveniences; there must be a period of personal sacrifices.

“When you are confronted with a period like that, what is required of you is adjustment, because they say trouble doesn’t always last. You will not be in that situation forever. But you will need to adjust. This is the basis of life.”

“I don’t think the President is denying the fact that this is a period in the lives of Nigerian people where things are hard. He has said it over and over again.”