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  • News - North Central - FCT
  • Updated: May 08, 2024

Lawmakers postpone vote on suspending cybersecurity levy

Lawmakers postpone vote on suspending cybersecurity levy

The motion to suspend the cybersecurity levy, which has drawn criticism from Nigerians, has been postponed by the House of Representatives.

Honourable Manu Soro, who presented the motion on Wednesday, emphasized the inopportune timing of the levy given the current economic conditions in Nigeria. He argued, "The levy is coming at the wrong time, considering the current living conditions of Nigerians.”

Soro further contended that the National Security Adviser, being a political office, lacks the mandate to manage the levy's accruals.

In response, Speaker Tajudeen Abbas suggested that the motion be deferred to allow the House leadership to deliberate on the best course of action.

Recall that the Trade Union Congress had earlier threatened massive protests that would shut down the Nigerian economy should the Federal Government fail to cancel the controversial cybersecurity levy recently introduced by the Central Bank of Nigeria.

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