The Nigeria Labour Congress (NLC) has rejected the recent directive by the Central Bank of Nigeria (CBN) of 0.5 (0.005) per cent Cybersecurity Levy on electronic transfers. Mr Joe Ajaero, NLC President disclosed the NLC position in a statement made available to newsmen on Tuesday in Abuja. Ajaero was reacting to a recent circular issued by the CBN, mandating banks and payment service operators to effect the deductions, effective in two weeks. The CBN has said that the move, ‘ostensibly aimed at bolstering cybersecurity measures, threatens to exacerbate the financial…
Read More‘Heartless, Anti-People,’ NLC Rejects CBN’s Cybersecurity Levy
