0.5% Cybersecurity Levy: Comedian Seyilaw roars over CBN’s latest directive to banks

Comedian Seyilaw has roared over CBN’s latest directive to banks.

He said he h@te when government agencies don’t speak up to the understanding of the citizens and allow wrong narratives to fester before tackling it. 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?