Nigerian Govt Trying To Continue Extorting ‘Helpless’ Citizens Through Cybersecurity Levy- NLC

The Nigeria Labour Congress (NLC) has rejected the recent directive by the Central Bank of Nigeria (CBN) for a 0.5 (0.005) per cent cybersecurity levy on electronic transfers.

Joe Ajaero, NLC president, stated the congress’ position in a statement made available to journalists on Tuesday in Abuja.

“This levy stands as another tax too much for Nigerians, burdening them with additional financial responsibilities,” said Mr Ajaero. “We see in this levy as another gang up by the ruling elite to continue its extortion and exploitation of hapless and helpless workers and the masses.”

He urged government to reconsider the directives and prioritise policies that alleviate Nigeria’s financial burdens.

“We urge a collaborative approach between the government, regulatory bodies, and stakeholders to develop sustainable cybersecurity measures that do not unduly burden the populace.

“We reiterate our commitment to championing the rights and welfare of Nigerian workers and masses,” he said.
NAN

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