Seyi Law expresses disapproval of the government's decision to impose a 0.5% cybersecurity levy on all transactions
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Renowned comedian Seyi Law has voiced his dissatisfaction with the Nigerian government's decision to impose a 0.5% cybersecurity levy on all transactions.

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Using the X platform, the comedian criticized government agencies for their failure to educate citizens and address misleading narratives before implementing policies.

Seyi Law.

He argued that imposing a 0.5% charge is excessively burdensome on Nigerians, particularly amidst prevailing economic challenges.

Seyi Law raised concerns about whether the government aims to discourage banking transactions, effectively encouraging citizens to rely on cash instead.

Expressing his dismay, Seyi Law stated: “I hate when government agencies don’t speak up to the understanding of the citizens and allow wrong narratives to fester before tackling it. Cybersecurity levy, 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.”

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