Cybersecurity levy: Comedian Seyi Law faults Tinubu, CBN

Ace Nigerian comedian, Seyi Law, has tackled President Bola Tinubu and the Central Bank of Nigeria (CBN) over the 0.5 percent cybersecurity levy recently introduced by the apex bank.

Recall that the comedian received several knocks in the past for supporting the former Lagos governor during the last presidential election.

Reacting to the announcement of the latest levy which was made public on Monday, Seyi Law said the cybersecurity levy on transactions was unacceptable, urging the apex bank to reconsider its stand.

The comedian, via his X platform, where he tagged the president and the CBN, urged them to allow the poor masses breathe.

While asking when President Tinubu would implement the new minimum wage in the face of hardship in the country, the comedian said some ministers do not deserve their portfolio.

Seyi Law wrote, “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 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? @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.”