Politics

Tinubu Suspends 0.5% Cybersecurity Levy, Sparks Debate

Published May 15, 2024 at 4:19 AM

By Derek Our Reporter

Tinubu Suspends 0.5% Cybersecurity Levy, Sparks Debate

President Bola Tinubu has directed the Central Bank of Nigeria (CBN) to halt the enforcement of the 0.5 percent cybersecurity levy, as revealed by Mohammed Idris, the Minister of Information and National Orientation, on Tuesday.

Idris made this announcement while addressing State House correspondents, stating that President Tinubu issued the directive after discussions among members of the Federal Executive Council (FEC).

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Source: Bushradiogist