Cybersecurity Levy Will Generate More Than ₦3Trillion Annually
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- Опубліковано 6 тра 2024
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The Scripture says “when the Righteous are in Power, the People rejoice” and invariably, when the Unrighteous are in Power, the people suffer.
Tinubu really took the Lagos model to Abuja sha lool. The Lagos system is all about extracting as much resources from the citizens with little transparency or accountability. We are in for a ride, Nigeria
Oga you
Should be happy to pay taxes if not how will the country move forward? They can set a threshold eg 100k but government needs money and they need a system that is easy to collect. This equates to paying 5 k on a 100k transaction
Next time when you hear IGR... Run oooo
And then they will share the money amongst themselves. All the money borrowed, all the taxes collected, oil sales etc why has that not been well utilized and yet you keep collecting money from Nigerians even at this time. Sometimes I wonder what this people are thinking in their head. This is worrisome!
How does these outrageous levies even make sense in the first place? These banks borrow your money out and make lots of profit from it and yet still tax their customers.
This’s not fair, this’s injustice to humanity.
It’s the government not the banks. The banks here will just serve as an agent.
I’m also sure banks won’t be happy with this development because it’ll reduce customer deposit as a lot of people will want to hold on to their cash to perform transactions.
When they tell you "he increased Lagos IGR", this is the part they don't tell you. Nigerians, na death by tax we dey o
These people are wicked
If we are to pay for cybersecurity levy of transactions for the banks (which is private business), are we going to be paying for cybersecurity of other private companies. Is the private business not responsible for the cybersecurity or any security issues of their businesses? The policy makers should think deeply, please. This is outrageous
You talked like a sensible & rational person but don't forget we're dealing with crook heads. So they can't be rational like reasonable Nigerians.
March 2024
Source thisday news
The authorities should do well by enforcing the law
At the recent inauguration of the public hearing on the Cybercrime (Prohibition and Prevention) Act (Amendment) Bill, 2023, Senate President, Godswill Akpabio, expressed concerns about the growing cybercrimes in Nigeria. The Senate response is coming following revelation by the Nigerian Communications Commission (NCC) that Nigeria “is losing $500 million annually to all forms of cybercrime including hacking, identity theft, cyber terrorism, harassment and Internet fraud.” But while reviewing and amending the Cybercrime Act, 2015 may help, it will not on its own put an end to the exploitation of Nigeria’s digital space by cybercriminals.
Published by Premium Times
November 18, 2023
Senate holds public hearing on cybercrime amendment bill ...
Senate holds public hearing on cybercrime amendment bill Wednesday
The Senate passed the amendment bill for second reading in October and referred it its committees on ICT and national security for further legislative action.
The Senate Joint Committee on Information Communication Technology, Cyber Security, National Security and Intelligence, will on Wednesday, hold a public hearing on the proposed bill seeking to amend the Cybercrime Act 2015.
The Chairman of the Senate Committee on ICT and Cybercrime, Afolabi Salisu, disclosed this in a statement on Friday in Abuja.
The amendment bill was sponsored by Shehu Buba (APC, Bauchi South), and it passed second reading in October.
Barau Jibrin, the deputy senate president, who presided over the plenary on the day the bill was read the second time, referred it to the Committees on Cyber Crime and National Security for further legislative action and report in four weeks.
Invitation to the hearing
Mr Salisu said the committees have invited relevant organisations and the general public to the hearing holding in the Conference Room 301 of the Senate Building.
The senator representing Ogun Central, said the committees needed contributions from Nigerians to improve the cyberspace in line with extant national security and digital economy strategic policy directives.
“The joint committees are soliciting memoranda to be considered in the Upper Chamber’s efforts to improve the protection of Nigeria’s cyberspace and critical national economy infrastructure in line with extant national security and digital economy strategic policy directives ” he said.
Mr Salisu urged all stakeholders in the ICT, cyber security and national security sectors to submit their memoranda to the committees
He said the memoranda should be addressed to the clerk of the senate committee on ICT and Cyber Security.
“Memoranda, which should be submitted within one week in five (5) soft copies and forty-five (45) hard copies, should be addressed to the Clerk Senate Committee on ICT & Cyber Security, Room 3.8 White House Building, National Assembly Complex Abuja"
The bill specifically seeks to amend section 44 of the Cybercrime Act and to review the legislation of the Act to stop Internet related crimes
Pursuant.... to the provisions of the infamous Section 24 of the Cybercrimes (Prevention and Prohibition) Act, 2015 amended in 2024
Is it not the National assembly (all political parties apc, pdp, labour representing the people) that made the law, its amendment and passed this as law?
Is this law & it's amendment by Bola Tinubu apc ?
Is apc the National assembly that made this amendment as law?
Is Bola Tinubu a member of the National assembly?
Can the president make laws on taxes?
Can the CBN make and pass a law? Is the role of rhe cbn not to enforce a law
Cybercrime Prohibition Act of 2015. (Bola Tinubu was not president) was amended in February 2024
Did any of the various political party representatives opposed this law when it was amended and accented to?
The Cybercrimes (Prohibition, Prevention, Etc) Act, 2015 was enacted and entered into force on 15th May 2015 - who was the president in 2015? by former President Goodluck Jonathan at the twilight of his administration
In January 2024, The National Security Adviser, Nuhu Ribadu, had recently called for the full implementation of the Cybercrimes (Prohibition, Prevention, etc.) Amendment Act 2024, including the operationalisation of the National Cybersecurity Fund by all regulators and businesses specified in the second schedule of the Act.
In a statement signed by the head of his Strategic Communication Office, Zakari Mijinyawa, the NSA had said the directive was part of efforts to secure Nigeria's Critical National Information Infrastructure, counter- terrorism and violent extremism, strengthen national security, and protect its economic interests.
On July 6, 2022, Nigeria joined 66 other countries that had signed and ratified the Budapest Convention on Cybercrime to enhance international cooperation and provide a common platform and procedural tools for efficient, and safe cyberspace under Section 41(2)(a) of Cvbercrime Act 2015, requiring conformity of Nigerian cybercrime and cybersecurity laws and policies with regional and international standards
As a president with compassion you don't bring this cyber security levy up, knowing quite well that your people are going through a lot. I'm not surprise, in his word " we'll further slow down the economy and widen our tax net and reduce the purchasing power of the people" and people were clapping 😅😅😅 and upon hearing this a lot of people stupidly and gullibly supported this man, more pains are on the way, if you're one of his supporters and you never felt the negative impact of this administration, just hold on the one that will hit you is around the corner.
Funds that's going nowhere, we don't see any improvement since I was born I haven't seem any change whatsoever....tax this...tax that...at the end of the day one would hear a governor or minister stole 15billion, stole 60million, stole that...
Nigerians should reject this...But no oh...they will keep mute.
@joshuafrank5838 How convenient? You must know that Banks and others Financial institutions are Private businesses so they should be responsible for their own cyber security budget. Where else in the World do you see a government tax, or levy, it citizens to fund private businesses. Common sense must prevail.
This policy is inhumane to humanity
Nobody in his right mind will support this.
All these levies/taxes in less than one year. Unfortunately, more are coming.
How do you even fight crime without having constant electricity in the country? Sometime I ask myself if Nigeria is a country with their policies still no 24 hours electricity🤔🤦♂️ people of Nigeria just know that nothing can be achieved without 24hours power in that country. Sad sad sad…
Advanced country you guys are claiming to emulate no dey charge cyber securiy charge...
Thought they wanted Cashless policy, now they are discoraging people from using fund transfer.
Confuse goverment. Cardoso is brainless
Why is the Govt interested in generating revenue without concern about the welfare of those who voted them into power
I have never seen anywhere in the world the government tax depositors the way it is done in Nigeria.
This levy doesn't make sense. They are encouraging people to keep money at home. Is better for them not to introduce it at all.
The Akpabio and Abbas are there to do tinubu's bidding instead of presenting Nigerian.
The banks doesn't even put money in their ATM machines anyone, so if you want to use POS to withdraw 10k you will still pay 0.5% levy after 400naira pos charges?
3trillion that goes to your pocket
You forgot to add virtual NIN code fee of 20 Naira to confirm you NIN in banks. At least, GTBank mandate their customers to do it before attending to certain request at the customer care point
Just the beginning,all the people standing on the mandate will equally pay for the tax,he is building Nigerian the same way he builds Lagos to his pocket, after 8yrs Nigeria will know how far
The Federal Government (LEGISLATION BY THE NATIONAL ASSEMBLY) - WHAT IS THE NATIONAL ASSEMBLY?
Is CONSIDERING introducing an excise on telecom services, among other fiscal measures, to boost its revenue.
Excise on telecom services is not new. It was first suggested in 2022 and kicked against before it was suspended. At the time, it was pegged at 5 per cent. In July 2023, Bola Tinubu, the President of Nigeria, ordered its suspension.
questions:
Is the National assembly the president or the presidency?
Why didn't Labour party and pdp national assembly legislators oppose this?
What is the meaning of considering?
Is the National assembly apc? Or bola Tinubu
Does the president or a political party make laws on taxes?
Which arm of government makes laws?
Is Labour Party and pdp not members of the National Assembly? Did they oppose this legislation aka law on the levy?
Where is electronic transfer levy paid every week?
N3trillion revenue will be for who? You cannot deceive 200million Nigerians at the same time.
Dear Mr Tinubu, the Peoples President,
As you embark on endless taxation of Nigerian citizens, please do not forget to impose Banditry levy; Kidnapping levy; Transportation levy; Water levy; House Building levy; Eatery levy; Dancing levy; Walking levy; Talking levy; and Newly-born levy. The interesting part is that please don't forget to tax your wife or wives, your children and grandchildren incl. extended family members 🥹😂🤣
Published by Premium Times
November 18, 2023
Senate holds public hearing on cybercrime amendment bill ...
Senate holds public hearing on cybercrime amendment bill Wednesday
The Senate passed the amendment bill for second reading in October and referred it its committees on ICT and national security for further legislative action.
The Senate Joint Committee on Information Communication Technology, Cyber Security, National Security and Intelligence, will on Wednesday, hold a public hearing on the proposed bill seeking to amend the Cybercrime Act 2015.
The Chairman of the Senate Committee on ICT and Cybercrime, Afolabi Salisu, disclosed this in a statement on Friday in Abuja.
The amendment bill was sponsored by Shehu Buba (APC, Bauchi South), and it passed second reading in October.
Barau Jibrin, the deputy senate president, who presided over the plenary on the day the bill was read the second time, referred it to the Committees on Cyber Crime and National Security for further legislative action and report in four weeks.
Invitation to the hearing
Mr Salisu said the committees have invited relevant organisations and the general public to the hearing holding in the Conference Room 301 of the Senate Building.
The senator representing Ogun Central, said the committees needed contributions from Nigerians to improve the cyberspace in line with extant national security and digital economy strategic policy directives.
“The joint committees are soliciting memoranda to be considered in the Upper Chamber’s efforts to improve the protection of Nigeria’s cyberspace and critical national economy infrastructure in line with extant national security and digital economy strategic policy directives ” he said.
Mr Salisu urged all stakeholders in the ICT, cyber security and national security sectors to submit their memoranda to the committees
He said the memoranda should be addressed to the clerk of the senate committee on ICT and Cyber Security.
“Memoranda, which should be submitted within one week in five (5) soft copies and forty-five (45) hard copies, should be addressed to the Clerk Senate Committee on ICT & Cyber Security, Room 3.8 White House Building, National Assembly Complex Abuja"
The bill specifically seeks to amend section 44 of the Cybercrime Act and to review the legislation of the Act to stop Internet related crimes
March 2024
Source thisday news
The authorities should do well by enforcing the law
At the recent inauguration of the public hearing on the Cybercrime (Prohibition and Prevention) Act (Amendment) Bill, 2023, Senate President, Godswill Akpabio, expressed concerns about the growing cybercrimes in Nigeria. The Senate response is coming following revelation by the Nigerian Communications Commission (NCC) that Nigeria “is losing $500 million annually to all forms of cybercrime including hacking, identity theft, cyber terrorism, harassment and Internet fraud.” But while reviewing and amending the Cybercrime Act, 2015 may help, it will not on its own put an end to the exploitation of Nigeria’s digital space by cybercriminals.
Pursuant.... to the provisions of the infamous Section 24 of the Cybercrimes (Prevention and Prohibition) Act, 2015 amended in 2024
Is it not the National assembly (all political parties apc, pdp, labour representing the people) that made the law, its amendment and passed this as law?
Is this law & it's amendment by Bola Tinubu apc ?
Is apc the National assembly that made this amendment as law?
Is Bola Tinubu a member of the National assembly?
Can the president make laws on taxes?
Can the CBN make and pass a law? Is the role of rhe cbn not to enforce a law
Cybercrime Prohibition Act of 2015. (Bola Tinubu was not president) was amended in February 2024
Did any of the various political party representatives opposed this law when it was amended and accented to?
The Cybercrimes (Prohibition, Prevention, Etc) Act, 2015 was enacted and entered into force on 15th May 2015 - who was the president in 2015? by former President Goodluck Jonathan at the twilight of his administration
In January 2024, The National Security Adviser, Nuhu Ribadu, had recently called for the full implementation of the Cybercrimes (Prohibition, Prevention, etc.) Amendment Act 2024, including the operationalisation of the National Cybersecurity Fund by all regulators and businesses specified in the second schedule of the Act.
In a statement signed by the head of his Strategic Communication Office, Zakari Mijinyawa, the NSA had said the directive was part of efforts to secure Nigeria's Critical National Information Infrastructure, counter- terrorism and violent extremism, strengthen national security, and protect its economic interests.
On July 6, 2022, Nigeria joined 66 other countries that had signed and ratified the Budapest Convention on Cybercrime to enhance international cooperation and provide a common platform and procedural tools for efficient, and safe cyberspace under Section 41(2)(a) of Cvbercrime Act 2015, requiring conformity of Nigerian cybercrime and cybersecurity laws and policies with regional and international standards
@@joshuafrank5838 How convenient? You must know that Banks and others Financial institutions are Private businesses so they should be responsible for their own cyber security budget. Where else in the World do you see a government tax, or levy, it citizens to fund private businesses. Common sense must prevail.
It will generate trillions for The politicians and not Average Nigerian. This Tinubu admistratione is crazy like Tinubu too
Banks and others Financial institutions are Private businesses so they should be responsible for their own cyber security budget. Where else in the World do you see a government tax, or levy, it citizens to fund private businesses. Common sense must prevail. AMO, London UK
Kleptocracy
Sing with me, On your mandate we s.....
If bit for decorom, i would have said something 'Akward' to anyone who voted and is still supporting' this 'Vampire Government' in power. Chaiii, 9jayriaaaaaa
Real vampire government!
The Federal Government (LEGISLATION BY THE NATIONAL ASSEMBLY) - WHAT IS THE NATIONAL ASSEMBLY?
Is CONSIDERING introducing an excise on telecom services, among other fiscal measures, to boost its revenue.
Excise on telecom services is not new. It was first suggested in 2022 and kicked against before it was suspended. At the time, it was pegged at 5 per cent. In July 2023, Bola Tinubu, the President of Nigeria, ordered its suspension.
questions:
Is the National assembly the president or the presidency?
Why didn't Labour party and pdp national assembly legislators oppose this?
What is the meaning of considering?
Is the National Assembly apc? Or bola Tinubu?
The guest explicitly unequivocally said a legislation of the National assembly.
Labour party pdp are members of the National Assembly
The president doesn't make laws on taxes.
Why does the government want 0.5% for my transaction ? For what reason? This is not a levy it is a tax. Levies are usually a charge on service facilitated by the provider eg bank and others.
For instance, if bank provide a service for you they usually charge you a levy. Since banks are not providing cyber security services why then is this tax called a levy. Is this a deliberate misrepresentation ?
Again can the federal government levy tax on individuals not engaging in business in states across Nigeria ? Does this action violates the constitution in terms of the taxing powers of states ? Usually state tax individuals within their domain, why is the federal government usurping this power ?
By the way, the national security adviser is an advisory body not a administrative organ of government. So why then should they be the ones providing cyber security services when most businesses already do that for themselves?
Again, does the CBN have powers to impose tax on Nigerians and is the NSA empowered to receive revenue not budgeted for ?
I think the National Assembly needs to do proper Intellectual social science analysis before passing laws. This is embarrassing honestly.
A T M change also 😢
Not so,
It's for transactions above 500,000
You're joking
Una go explain tire 🤣🤣🤣
Money to steal again
This is almost same thing happens to all france colonies
The Federal Government (LEGISLATION BY THE NATIONAL ASSEMBLY) - WHAT IS THE NATIONAL ASSEMBLY? The representatives of the people (all political parties)
Is CONSIDERING introducing an excise on telecom services, among other fiscal measures, to boost its revenue.
Excise on telecom services is not new. It was first suggested in 2022 and kicked against before it was suspended. At the time, it was pegged at 5 per cent. In July 2023, Bola Tinubu, the President of Nigeria, ordered its suspension.
questions:
Is the national assembly the president or the presidency or bola Tinubu?
Why didn't Labour party and pdp national assembly legislators oppose this?
What is the meaning of considering?
Reduce the purchasing power, increase tax and widen the tax net, this was Tinubu campaign promise and his supporters thought it will not affect them but the others. 😂😂😂😂😂😂😂
@joshuafrank5838 How convenient? You must know that Banks and others Financial institutions are Private businesses so they should be responsible for their own cyber security budget. Where else in the World do you see a government tax, or levy, it citizens to fund private businesses..Maybe you to need to think applh Common sense.
No protest,more pain,leave Nigeria now for your mental health safety.
Pursuant.... to the provisions of the infamous Section 24 of the Cybercrimes (Prevention and Prohibition) Act, 2015 amended in 2024
Is it not the National assembly (all political parties apc, pdp, labour representing the people) that made the law, its amendment and passed this as law?
Is this law & it's amendment by Bola Tinubu apc ?
Is apc the National assembly that made this amendment as law?
Is Bola Tinubu a member of the National assembly?
Can the president make laws on taxes?
Can the CBN make and pass a law? Is the role of rhe cbn not to enforce a law
Cybercrime Prohibition Act of 2015. (Bola Tinubu was not president) was amended in February 2024
Did any of the various political party representatives opposed this law when it was amended and accented to?
The Cybercrimes (Prohibition, Prevention, Etc) Act, 2015 was enacted and entered into force on 15th May 2015 - who was the president in 2015? by former President Goodluck Jonathan at the twilight of his administration
In January 2024, The National Security Adviser, Nuhu Ribadu, had recently called for the full implementation of the Cybercrimes (Prohibition, Prevention, etc.) Amendment Act 2024, including the operationalisation of the National Cybersecurity Fund by all regulators and businesses specified in the second schedule of the Act.
In a statement signed by the head of his Strategic Communication Office, Zakari Mijinyawa, the NSA had said the directive was part of efforts to secure Nigeria's Critical National Information Infrastructure, counter- terrorism and violent extremism, strengthen national security, and protect its economic interests.
On July 6, 2022, Nigeria joined 66 other countries that had signed and ratified the Budapest Convention on Cybercrime to enhance international cooperation and provide a common platform and procedural tools for efficient, and safe cyberspace under Section 41(2)(a) of Cvbercrime Act 2015, requiring conformity of Nigerian cybercrime and cybersecurity laws and policies with regional and international standards
March 2024
Source thisday news
The authorities should do well by enforcing the law
At the recent inauguration of the public hearing on the Cybercrime (Prohibition and Prevention) Act (Amendment) Bill, 2023, Senate President, Godswill Akpabio, expressed concerns about the growing cybercrimes in Nigeria. The Senate response is coming following revelation by the Nigerian Communications Commission (NCC) that Nigeria “is losing $500 million annually to all forms of cybercrime including hacking, identity theft, cyber terrorism, harassment and Internet fraud.” But while reviewing and amending the Cybercrime Act, 2015 may help, it will not on its own put an end to the exploitation of Nigeria’s digital space by cybercriminals.
Published by Premium Times
November 18, 2023
Senate holds public hearing on cybercrime amendment bill ...
Senate holds public hearing on cybercrime amendment bill Wednesday
The Senate passed the amendment bill for second reading in October and referred it its committees on ICT and national security for further legislative action.
The Senate Joint Committee on Information Communication Technology, Cyber Security, National Security and Intelligence, will on Wednesday, hold a public hearing on the proposed bill seeking to amend the Cybercrime Act 2015.
The Chairman of the Senate Committee on ICT and Cybercrime, Afolabi Salisu, disclosed this in a statement on Friday in Abuja.
The amendment bill was sponsored by Shehu Buba (APC, Bauchi South), and it passed second reading in October.
Barau Jibrin, the deputy senate president, who presided over the plenary on the day the bill was read the second time, referred it to the Committees on Cyber Crime and National Security for further legislative action and report in four weeks.
Invitation to the hearing
Mr Salisu said the committees have invited relevant organisations and the general public to the hearing holding in the Conference Room 301 of the Senate Building.
The senator representing Ogun Central, said the committees needed contributions from Nigerians to improve the cyberspace in line with extant national security and digital economy strategic policy directives.
“The joint committees are soliciting memoranda to be considered in the Upper Chamber’s efforts to improve the protection of Nigeria’s cyberspace and critical national economy infrastructure in line with extant national security and digital economy strategic policy directives ” he said.
Mr Salisu urged all stakeholders in the ICT, cyber security and national security sectors to submit their memoranda to the committees
He said the memoranda should be addressed to the clerk of the senate committee on ICT and Cyber Security.
“Memoranda, which should be submitted within one week in five (5) soft copies and forty-five (45) hard copies, should be addressed to the Clerk Senate Committee on ICT & Cyber Security, Room 3.8 White House Building, National Assembly Complex Abuja"
The bill specifically seeks to amend section 44 of the Cybercrime Act and to review the legislation of the Act to stop Internet related crimes
@@joshuafrank5838 You write like a child who has no experience of Nigeria politics.
@@jaysenossai7165 you are in fact the toddler here
mashaAllah
ITS UNBELIEVABLE AT THIS POINT IN TIME,,THIS GOVERNMENT MUST BE RESISTED..APC DO NOT MINE WELL FOR NIGERIAN
The Federal Government (LEGISLATION BY THE NATIONAL ASSEMBLY) - WHAT IS THE NATIONAL ASSEMBLY?
Is CONSIDERING introducing an excise on telecom services, among other fiscal measures, to boost its revenue.
Excise on telecom services is not new. It was first suggested in 2022 and kicked against before it was suspended. At the time, it was pegged at 5 per cent. In July 2023, Bola Tinubu, the President of Nigeria, ordered its suspension.
questions:
Is the National assembly the president or the presidency?
Why didn't Labour party and pdp national assembly legislators oppose this?
What is the meaning of considering?
He told you a legislation by the national assembly. You deliberations and mischievously decided to not hear this in the submission made. Why
Is the National assembly apc?
You lot are evil
March 2024
Source thisday news
The authorities should do well by enforcing the law
At the recent inauguration of the public hearing on the Cybercrime (Prohibition and Prevention) Act (Amendment) Bill, 2023, Senate President, Godswill Akpabio, expressed concerns about the growing cybercrimes in Nigeria. The Senate response is coming following revelation by the Nigerian Communications Commission (NCC) that Nigeria “is losing $500 million annually to all forms of cybercrime including hacking, identity theft, cyber terrorism, harassment and Internet fraud.” But while reviewing and amending the Cybercrime Act, 2015 may help, it will not on its own put an end to the exploitation of Nigeria’s digital space by cybercriminals.
THEIFTINUBU another way to milking People, GOD WILL NOT ALLOW YOU
This is a scam