Just In: Tinubu makes fresh statement on cybersecurity levy

  • The federal government has announced the suspension of the controversial 0.5% cybersecurity levy on all electronic transactions
  • Mohammed Idris, the minister of information, explained that the policy was being reviewed and has been put on hold for now
  • This is as Rilwan Olanrewaju, a chieftain of the PDP, criticised the policy, in an exclusive interview with Legit.ng

FCT, Abuja – The federal government has officially suspended the controversial 0.5% cybersecurity levy on electronic banking transactions.

Mohammed Idris, the minister of information, confirmed the development to journalists at the state house on Tuesday, May 14, after a two-day Federal Executive Council (FEC) meeting that President Bola Tinubu presided over.