Close Menu
Vardiafrica
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

NDDC Sets Pace for Development Commissions, Highlights Achievements

April 18, 2026

Huawei launches world’s first horizontal wide foldable phone, beating Apple and Samsung

April 18, 2026

Abducted Benue Travellers Not UTME Candidates, JAMB Clarifies

April 18, 2026
Facebook X (Twitter) Instagram
Trending
  • NDDC Sets Pace for Development Commissions, Highlights Achievements
  • Huawei launches world’s first horizontal wide foldable phone, beating Apple and Samsung
  • Abducted Benue Travellers Not UTME Candidates, JAMB Clarifies
  • Cross River State Gov Extols NDDC on Niger Delta Development
  • Defection: Gov Bala Mohammed Ends Talks With APC as negotiation fails
  • Delta State, NDDC Committed to Quality Projects, Gov Oborevwori Assures
  • Tinubu Signs 2026 Appropriation Bill,extends implementation of 2025 budget
  • Court orders arrest of Sadiya Umar Farouq over failure to appear for ‘fraud’ trial
Facebook X (Twitter) Instagram
VardiafricaVardiafrica
Demo
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance
Vardiafrica
Home»Government»SERAP Gives Tinubu 48 Hours To Withdraw CBN Directive On Cybersecurity Levy
Government

SERAP Gives Tinubu 48 Hours To Withdraw CBN Directive On Cybersecurity Levy

VardiafricaBy VardiafricaMay 7, 2024Updated:May 7, 2024No Comments9 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Socio-Economic Rights and Accountability Project (SERAP), has urged President Bola Tinubu, to immediately direct the Central Bank of Nigeria (CBN), to withdraw the cybersecurity levy on Nigerians, saying it patently violates the provisions of the Nigerian Constitution 1999 [as amended], and the country’s international human rights obligations and commitments.

In a statement signed by SERAP’s Deputy Director, Kolawole Oluwadare, the organisation said the Tinubu administration must within 48 hours withdraw the patently arbitrary and unlawful CBN directive purportedly imposing cybersecurity levy on Nigerians.

SERAP also urged him, to stop Nuhu Ribadu and the office of the National Security Adviser (NSA), from implementing section 44 and other repressive provisions of the Cybercrimes Act 2024, as it flagrantly violates the provisions of the Nigerian Constitution and the African Charter on Human and Peoples’ Rights and International Covenant on Civil and Political Rights, to which Nigeria is a state party.

According to the statement, the group also asked that the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), to immediately prepare and present a bill to amend section 44, and other repressive provisions of the Cybercrimes Act 2024 to the National Assembly, so that those provisions can be brought in line with the Nigerian Constitution and the country’s international human rights obligations.

SERAP said, “Section 44(8) criminalising the non-payment of the cybersecurity levy by Nigerians is grossly unlawful and constitutional.

Our lawyer Ebun-Olu Adegboruwa, SAN, is already preparing the necessary court papers should the administration fail or neglect to act as recommended.

“The administration must urgently take concrete and effective measures to ensure the repeal of section 44 and other repressive provisions of the Cybercrimes Act 2024.

“If the unlawful CBN directive is not withdrawn and appropriate steps are not taken to amend the repressive provisions of the Cybercrimes Act within 48 hours, SERAP shall consider appropriate legal actions to compel the Tinubu administration to comply with our request in the public interest.

“Withdrawing the unlawful CBN directive and repealing the repressive provisions of the Cybercrimes Act 2024 will be entirely consistent with President Tinubu’s constitutional oath of office requires public officials to uphold the provisions of the constitution, and the rule of law and abstain from all improper acts.

“The repressive provisions of the Cybercrimes Act 2024 are clearly inconsistent and incompatible with the public trust and the overall objectives of the Constitution. A false oath lacks truth and justice. The oath statements require the oath takers to commit to uphold and defend the Constitution.

“Section 14(2)(b) of the Nigerian Constitution of 1999 [as amended] provides that, ‘the security and welfare of the people shall be the primary purpose of government,” the statement read in part.

The CBN yesterday, directed banks and other financial institutions, to implement a 0.5 per cent cybersecurity levy on electronic transfers based on section 44 44(2)(a) of the Cybercrimes Act 2024.

The 0.005 levy is equivalent to a half per cent of all electronic transactions value by the business specified in the second schedule of the Cybercrime Act 2024, the CBN had explained, adding that the money is to be remitted to the National Cybersecurity Fund (NCF), which would be administered by the Office of the National Security Adviser (ONSA)

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Vardiafrica
  • Website
  • Facebook
  • X (Twitter)
  • Instagram

Related Posts

Tinubu Signs 2026 Appropriation Bill,extends implementation of 2025 budget

April 18, 2026

FG Insists Jilli Airstrike Was Intelligence-Led, Orders Full Investigation

April 15, 2026

Tinubu inaugurates NRS HQ in Abuja, says reforms will end revenue leakages

April 14, 2026

Leave A Reply Cancel Reply

Top Posts

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202495

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 202564

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202549

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202443
Don't Miss
Oil & Gas
Oil & Gas By VardiafricaApril 18, 20264 Mins Read0

NDDC Sets Pace for Development Commissions, Highlights Achievements

By VardiafricaApril 18, 20260 Oil & Gas Updated:April 18, 202604 Mins Read

Speaking during a three-day retreat organised by the Ministry of Regional Development for the Regional…

Huawei launches world’s first horizontal wide foldable phone, beating Apple and Samsung

April 18, 2026

Abducted Benue Travellers Not UTME Candidates, JAMB Clarifies

April 18, 2026

Cross River State Gov Extols NDDC on Niger Delta Development

April 18, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Your source for the verified news.

Email Us: info@vardiafrica.com
Contact: +234 905 338 5856

Facebook X (Twitter) Instagram YouTube WhatsApp
Our Picks

NDDC Sets Pace for Development Commissions, Highlights Achievements

April 18, 2026

Huawei launches world’s first horizontal wide foldable phone, beating Apple and Samsung

April 18, 2026

Abducted Benue Travellers Not UTME Candidates, JAMB Clarifies

April 18, 2026
Most Popular

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202495

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 202564

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202549

Type above and press Enter to search. Press Esc to cancel.