New Telegraph

Seyi Law Calls Out Tinubu Over Cybersecurity Levy

Ace Nigerian comedian, Oluwaseyitan Aletile, better known as Seyi Law, has fumed over the 0.5 per cent cybersecurity levy recently introduced by the Central Bank of Nigeria (CBN).

New Telegraph had earlier reported that the apex bank on Monday directed banks operating in the country to start charging a cybersecurity levy on transactions.

Reacting to the latest development in a post shared via his verified X handle, Seyi Law said the new CBN policy was “unacceptable”.


Seyi Law, however, urged the apex bank to revisit the policy, tagging President Bola Tinubu,

He called on the President to allow the masses to “breathe,” querying when the new minimum wage would be announced and implemented.

He further asserted that some ministers are not doing their jobs well, stressing that one year into the administration there is nothing much on ground.

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.

“The 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.”

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