SERAP Gives FG 48 Hours To Withdraw Cybersecurity Levy

The Socio-Economic Rights and Accountability Project (SERAP) has given the the Federal Government 48 hours to withdraw the 0.5 per cent cybersecurity levy introduced by the Central Bank of Nigeria (CBN).

The CBN introduced the new levy on Monday.

SERAP made the call on Tuesday through its X handle and threatened to take legal action against the government if it failed to withdraw the levy within a 48-hours

“The Tinubu administration must immediately withdraw the grossly unlawful CBN directive to implement section 44 of the Cybercrime Act 2024, which imposes a 0.5 per cent ‘cybersecurity levy’ on Nigerians.

“We’ll see in court if the directive is not withdrawn within 48 hours.”