“Let the poor breathe:” Seyi Law responds to Tinubu over cybersecurity levy.


It was reported that the Apex Bank on Monday, instructed banks operating in Nigeria, to begin charging a cybersecurity levy on transactions.

Oluwaseyitan Aletile, a Nigerian comedian, popularly known as Seyi Law has expressed his strong disagreement, over the 0.5 percent cybersecurity levy recently introduced by the Central Bank of Nigeria.

Seyi Law reacting to the change, said the new CBN policy was unacceptable, and advised Apex Bank to revisit the policy.

The comedian made a post on social media, in which he tagged the President of the Federal Republic of Nigeria, Bola Tinubu,
asking the President to allow the masses to “breathe,” questioning when the new minimum wage would be implemented.

He wrote on X:

“I hate when government agencies don’t speak up to the understanding of the citizens and allow wrong narratives to fester before tackling it. The 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.”

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