“This is unacceptable” – Seyi Law roars at Tinubu following recent bank policy
Media personality and comedian Seyi Law has responded to the cyber security levy imposed by the Nigerian government. In a recent statement, he addressed President Tinubu regarding the significant increase.
This action is purportedly by the provisions of the amended Cybercrime Act of 2024.
The directive specifies that moving forward, a specific sum will be deducted from customers’ accounts as a cyber security levy. This sum equates to 0.05% of the money being transferred.
Seyi Law also shared his sentiments on the matter, expressing his frustration with the government’s apparent lack of understanding of the citizens’ plight.
He deemed it unacceptable. He directed his criticism toward President Tinubu, urging for consideration of the impoverished and questioning the timing of the announcement and implementation of the new minimum wage.
He further noted how it’s been one year since President Tinubu became president and still no distinct changes have been made.
“Ihe 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.”
