Breaking News: CBN Ordered To Immediately Suspend Enforcement Of Cuber-Security Levy

Hon. Tajudeen Abbass
Speaker of the House of Representatives

The House of Representatives has ordered the Central Bank of Nigeria (CBN) to immediately suspend the enforcement of the controversial cybersecurity levy.

The House took this decision following a motion raised by Minority Leader Kingsley Chinda on behalf of all members.

The House had expressed concern that the circular issued by the CBN could be misunderstood by Nigerians, it however, noted that the directive does not align with the principles outlined in section 44(2a) of the cybercrime Act regarding the recipients responsible for paying the levy.

The House urged the CBN to promptly retract its previous circular regarding the levy’s enforcement and instead publish a new circular aligned with the Act’s provisions.

The cybersecurity levy was introduced by CBN through a circular to all banks on May 6, 2024, in accordance with the stipulations of the cybercrime Act.

Comments

KNIGHTS OF ST. JOHN (KSJI) TAKES A SWIPE AT BAD LEADERSHIPS IN NIGERIA

Maj. Gen. (Prof) Remy Uche, KSJI Supreme Subordinate President, Nigeria. As Christians all over the world marked the feast of the Passion of St. John the Baptist on August 29 commemoration of his beheading by King Herod for speaking up to the truth, the Knights of St. John International (KSJI) of the Roman Catholic Church has taken a swipe against which it described as obnoxious and draconian leaderships in many spheres of life in Nigeria. The Knights of St. John International (KSJI), a sodality organisation of men and women looked up to in the Roman Catholic Church as people of integrity, is not happy with the current situation in the country where leaders in some places are not serving expectedly. According to a press statement made by the KSJI leader in Nigeria (Supreme Subordinate President), Maj Gen. Remy Uche (Prof), and signed on his behalf, by his Chief of Staff, Sir Abuchi Anueyiagu, to mark the feast of the Passion of St. John the Baptist, the patron saint...

Eze Uchendu Applauds Compt. Olomu's Outstanding Performance In Apapa

...Berates APMT For Lack of Capacity & Technicality ...Calls FG to Set Up Committee To Access APMT Operations In Nigeria The remarkable performance of the Customs Area Controller of the Apapa Customs command, Comptroller Babatunde Olomu fsi has been commended by a renowned freight forwarder, the Chairman of National Association of Government Approved Freight Forwarder( NAGAFF), Apapa Chapter, Fowdr. Prince Eze Uchendu. Accessing the Apapa Command under the control of Compt. Olomu, the chairman applauded the resilience and doggedness of the area controller in all areas of operation, in his words, "I think for now we have a good controller, the person of controller, Babatunde Olomu, since his inception as the CAC Apapa, I can say Apapa Command has never had it so good, so I can score the Nigeria customs high In all fields of endeavour, the controller has been a moving controller, he's not a controller that stays in office. He comes to the terminals ...

KLT Command Generates N36.6 Billion In 5 Months As Compt. Edeldouk TAKES Charge

The Kirikiri Lighter Terminal command of the Nigeria Customs Service, said it has generated the sum of N36.6 billion between January and May this year. This was revealed by Comptroller Martina Tilley-Gyado while giving her valedictory speech yesterday, Friday, 31st May 2024 at the command. This, according to her represents 75 percent increase when compared with sum generated within the same period of last year. Comptroller Tilley-Gyado who handed over the mantle of leadership of the command to Comptroller Joy Edeldouk appreciated the officers as well as stakeholders for their support throughout her stay at the command. She pointed out that the command relied on the stemming of cargoes to its terminals even though the cargo throughput was low. She established and extended terminal availability adding that it also transformed from simple export processing terminal exporting 869 containers since it became Export processing Terminal (EPT). Tilley-Gyado said the achievement...

Maritimegistplus

Search This Blog