Agbakoba, Others Head to Court Despite FG’s Suspension of Cybersecurity Levy
The Federal Government has quietly withdrawn the controversial 0.5% cybersecurity levy, despite the resentment it generated. Senate Chief Whip Ali Ndume praised President Bola Tinubu for listening to the people, ordering a review of the levy, and suspending its implementation. However, the withdrawal has not appeased all critics.
Socio-Economic Rights and Accountability Project (SERAP), BudgIT, and 136 concerned Nigerians have sued the Central Bank of Nigeria (CBN) at the Federal High Court in Lagos over its failure to withdraw the circular directing banks to deduct the levy from customers' accounts. Similarly, Senior Advocate of Nigeria Olisa Agbakoba said he would challenge the implementation of the levy in court.
Last week, the CBN relied on the Cybercrime Act 2015 (as amended) t...