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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/nexusnew/nigerdeltanews.ng/wp-includes/functions.php on line 6114Borno South Senator, Ali Ndume, has faulted the Federal Government\u2019s proposed Cybersecurity levy.<\/p>\n
Ndume said Nigerians can\u2019t be levied when their income does not increase.<\/p>\n
Appearing on Channels Television\u2019s Politics Today, the lawmaker said the proposed Cyber security levy would increase the tax burden of Nigerians.<\/p>\n
\u201cYou cannot be charging taxes on people when you are not increasing their income.<\/p>\n
\u201cTheir source of income, you are not widening it, you are not increasing it. I am not part of those that support levying people anyhow.<\/p>\n
\u201cThe amendment to the Cybersecurity Act, I supported it but not the nitty-gritty and I am not trying to run away from any blame.<\/p>\n
\u201cWe have issues with cybercrime, you know that, and there is a need for the government to improve the Cybercrime Act, that is what I understand by the amendment.<\/p>\n
\u201cLooking at the nitty-gritty would have been the responsibility of interested parties.<\/p>\n
\u201cIf I had known there was an issue where a cost would be transferred to a customer or a Nigerian, I would not agree,\u201d he said.<\/p>\n
This is as the Trade Union Congress (TUC) slammed the opposition lawmakers in the National Assembly over its perceived quietness on the controversial cybersecurity levy.<\/p>\n
The Central Bank of Nigeria, CBN, directed the deduction of the levy to be remitted to the National Cybersecurity Fund (NCF), administered by the Office of the National Security Adviser (ONSA).<\/p>\n
On May 6, the apex bank directed banks and other financial institutions to implement a 0.5 per cent cybersecurity levy on electronic transfers.<\/p>\n
Cyber-security levy: You can\u2019t tax Nigerians without increasing income \u2013 Ndume tackles Tinubu govt<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
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