Nigerian Businesses should not allow cybersecurity levy to stand
Quote from Ndubuisi Ekekwe on May 7, 2024, 6:55 AM
Businesses should not allow this to stand. Someone has to sue the Federal Government or Central Bank of Nigeria for this policy to be reversed. I cannot imagine losing 0.5% on electronic transactions. If Nigerian banking is decent, it ought to sue NOT to be used as an avenue to do this. We call our government to pause this policy. I do not live in Nigeria to be affected by this, but I think it is a VERY bad policy.

Businesses should not allow this to stand. Someone has to sue the Federal Government or Central Bank of Nigeria for this policy to be reversed. I cannot imagine losing 0.5% on electronic transactions. If Nigerian banking is decent, it ought to sue NOT to be used as an avenue to do this. We call our government to pause this policy. I do not live in Nigeria to be affected by this, but I think it is a VERY bad policy.
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